PPP Loan information for Powertain control solutions, llc

$378,380

Powertain control solutions, llc was initially approved for PPP Loan of amount $378,380, the current approved amount is $378,380. The loan was approved on 04/10/2020 by The Atlantic Union Bank reported 34 jobs and $378,380 was used to fund payroll.

Powertain control solutions, llc is Existing or more than 2 years old

POWERTAIN CONTROL SOLUTIONS, LLC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWERTAIN CONTROL SOLUTIONS, LLC

Borrower Address

10511 OLD RIDGE RD

Borrower City

ASHLAND

Borrower State

VA

Borrower Zip

23005-7322

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378380.00

Current Approval Amount

378380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

HANOVER

Project State

VA

Project Zip

23005-7322

CD

VA-05

Jobs Reported

34

NAICS Code

334418

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

378380.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

381932.57

Forgiveness Date

04/01/2021

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