PPP Loan information for Wood's powr-grip co., inc.

$1,600,000

Wood's powr-grip co., inc. was initially approved for PPP Loan of amount $1,600,000, the current approved amount is $1,600,000. The loan was approved on 04/03/2020 by The The Yellowstone Bank reported 146 jobs and $1,600,000 was used to fund payroll.

Wood's powr-grip co., inc. is Existing or more than 2 years old

WOOD'S POWR-GRIP CO., INC.

Date Approved

04/03/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

WOOD'S POWR-GRIP CO., INC.

Borrower Address

908 W. Main Street

Borrower City

LAUREL

Borrower State

MT

Borrower Zip

59044-2638

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1600000.00

Current Approval Amount

1600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41949

Servicing Lender Name

The Yellowstone Bank

Servicing Lender Address

12 1st Ave

Servicing Lender City

LAUREL

Servicing Lender State

MT

Servicing Lender Zip

59044-3102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

YELLOWSTONE

Project State

MT

Project Zip

59044-2638

CD

MT-02

Jobs Reported

146

NAICS Code

333249

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1600000.00

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

41949

Originating Lender

The Yellowstone Bank

Originating Lender City

LAUREL

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1609200.00

Forgiveness Date

11/03/2020

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