PPP Loan information for Powertran corporation

$128,000

Powertran corporation was initially approved for PPP Loan of amount $128,000, the current approved amount is $128,000. The loan was approved on 04/28/2020 by The Comerica Bank reported 9 jobs and $128,000 was used to fund payroll.

Powertran corporation is Existing or more than 2 years old

PPP Loan Search / MI / Ferndale / Powertran corporation

POWERTRAN CORPORATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POWERTRAN CORPORATION

Borrower Address

1605 Bonner Street

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-1909

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128000.00

Current Approval Amount

128000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-1909

CD

MI-11

Jobs Reported

9

NAICS Code

334416

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102512.00

Mortgage Interest Proceed

25488.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

129269.33

Forgiveness Date

04/26/2021

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