PPP Loan information for Powerup, inc

$139,432

Powerup, inc was initially approved for PPP Loan of amount $139,432, the current approved amount is $139,432. The loan was approved on 01/19/2021 by The The First National Bank of Carmi reported 12 jobs and $139,432 was used to fund payroll.

Powerup, inc is Existing or more than 2 years old

PPP Loan Search / IN / Newburgh / Powerup, inc

POWERUP, INC

Date Approved

01/19/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

POWERUP, INC

Borrower Address

5622 Vann Rd

Borrower City

Newburgh

Borrower State

IN

Borrower Zip

47630-8436

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139432.00

Current Approval Amount

139432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20416

Servicing Lender Name

The First National Bank of Carmi

Servicing Lender Address

201 E Main St

Servicing Lender City

CARMI

Servicing Lender State

IL

Servicing Lender Zip

62821-1841

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newburgh

Project County Name

WARRICK

Project State

IN

Project Zip

47630-8436

CD

IN-08

Jobs Reported

12

NAICS Code

332813

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

139430.00

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

20416

Originating Lender

The First National Bank of Carmi

Originating Lender City

CARMI

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

140582.31

Forgiveness Date

11/16/2021

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