PPP Loan information for Under power corp.

$565,502

Under power corp. was initially approved for PPP Loan of amount $565,502, the current approved amount is $565,502. The loan was approved on 04/16/2020 by The Ocean Bank reported 50 jobs and $565,502 was used to fund payroll.

Under power corp. is Existing or more than 2 years old

UNDER POWER CORP.

Date Approved

04/16/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

UNDER POWER CORP.

Borrower Address

7900 Northwest 60th Street

Borrower City

MIAMI

Borrower State

FL

Borrower Zip

33166-3411

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

565502.00

Current Approval Amount

565502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17414

Servicing Lender Name

Ocean Bank

Servicing Lender Address

780 NW 42nd Ave

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33126-5540

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33166-3411

CD

FL-26

Jobs Reported

50

NAICS Code

237130

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

565502.00

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

17414

Originating Lender

Ocean Bank

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

569700.66

Forgiveness Date

01/20/2021

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