PPP Loan information for Powerworld corporation

$203,537

Powerworld corporation was initially approved for PPP Loan of amount $203,537, the current approved amount is $203,537. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 11 jobs and $203,537 was used to fund payroll.

Powerworld corporation is Existing or more than 2 years old

PPP Loan Search / IL / CHAMPAIGN / Powerworld corporation

POWERWORLD CORPORATION

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

POWERWORLD CORPORATION

Borrower Address

2001 S 1ST ST

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61820

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

203537.00

Current Approval Amount

203537.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61820-0001

CD

IL-13

Jobs Reported

11

NAICS Code

541511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

203537.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205010.83

Forgiveness Date

01/25/2021

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