PPP Loan information for Applied power sales

$87,000

Applied power sales was initially approved for PPP Loan of amount $87,000, the current approved amount is $87,000. The loan was approved on 04/27/2020 by The State Bank of Downs reported 7 jobs and $87,000 was used to fund payroll.

Applied power sales is New Business or 2 years or less

PPP Loan Search / CO / WHEAT RIDGE / Applied power sales

APPLIED POWER SALES

Date Approved

04/27/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

APPLIED POWER SALES

Borrower Address

11919 I-70 N. FRONTAGE RD, Unit 103

Borrower City

WHEAT RIDGE

Borrower State

CO

Borrower Zip

80033-7108

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87000.00

Current Approval Amount

87000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25800

Servicing Lender Name

State Bank of Downs

Servicing Lender Address

900 Morgan Ave

Servicing Lender City

DOWNS

Servicing Lender State

KS

Servicing Lender Zip

67437-1626

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WHEAT RIDGE

Project County Name

JEFFERSON

Project State

CO

Project Zip

80033-7108

CD

CO-07

Jobs Reported

7

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

87000.00

Payroll Proceed

0.00

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

Subchapter S Corporation

Originating Lender Location Id

25800

Originating Lender

State Bank of Downs

Originating Lender City

DOWNS

Originating Lender State

KS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87531.53

Forgiveness Date

12/08/2020

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