PPP Loan information for Powertrain, inc.

$156,896

Powertrain, inc. was initially approved for PPP Loan of amount $156,896, the current approved amount is $156,896. The loan was approved on 04/30/2020 by The Truist Bank reported 14 jobs and $156,896 was used to fund payroll.

Powertrain, inc. is Existing or more than 2 years old

POWERTRAIN, INC.

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

POWERTRAIN, INC.

Borrower Address

421 Telfair Rd

Borrower City

Savannah

Borrower State

GA

Borrower Zip

31415

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156896.00

Current Approval Amount

156896.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Savannah

Project County Name

CHATHAM

Project State

GA

Project Zip

31415-0800

CD

GA-01

Jobs Reported

14

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

156896.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

158530.33

Forgiveness Date

05/12/2021

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