PPP Loan information for Powertec solutions international

$174,700

Powertec solutions international was initially approved for PPP Loan of amount $174,700, the current approved amount is $174,700. The loan was approved on 01/21/2021 by The Franklin Bank & Trust Company reported 10 jobs and $174,700 was used to fund payroll.

Powertec solutions international is Existing or more than 2 years old

POWERTEC SOLUTIONS INTERNATIONAL

Date Approved

01/21/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

POWERTEC SOLUTIONS INTERNATIONAL

Borrower Address

44 Revolution Dr

Borrower City

Franklin

Borrower State

KY

Borrower Zip

42134-4006

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174700.00

Current Approval Amount

174700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27010

Servicing Lender Name

Franklin Bank & Trust Company

Servicing Lender Address

317 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

KY

Servicing Lender Zip

42134-1815

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

SIMPSON

Project State

KY

Project Zip

42134-4006

CD

KY-01

Jobs Reported

10

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

174698.00

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

27010

Originating Lender

Franklin Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176000.54

Forgiveness Date

10/25/2021

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