PPP Loan information for Powerup, inc

$93,800

Powerup, inc was initially approved for PPP Loan of amount $93,800, the current approved amount is $93,800. The loan was approved on 04/04/2020 by The The First National Bank of Carmi reported 10 jobs and $93,800 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

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POWERUP, INC

Borrower Address

5622 VANN RD

Borrower City

NEWBURGH

Borrower State

IN

Borrower Zip

47630-8436

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93800.00

Current Approval Amount

93800.00

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

10

NAICS Code

332812

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7504.00

Payroll Proceed

72226.00

Mortgage Interest Proceed

0.00

Rent Proceed

6566.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7504.00

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

94469.63

Forgiveness Date

12/28/2020

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