PPP Loan information for More power electric, llc

$173,900

More power electric, llc was initially approved for PPP Loan of amount $173,900, the current approved amount is $173,900. The loan was approved on 04/10/2020 by The MidFirst Bank reported 19 jobs and $173,900 was used to fund payroll.

More power electric, llc is Existing or more than 2 years old

MORE POWER ELECTRIC, LLC

Date Approved

04/10/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MORE POWER ELECTRIC, LLC

Borrower Address

17632 W. Bethany Home Rd

Borrower City

Waddell

Borrower State

AZ

Borrower Zip

85355-9403

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173900.00

Current Approval Amount

173900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90226

Servicing Lender Name

MidFirst Bank

Servicing Lender Address

501 NW Grand Blvd

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-6037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waddell

Project County Name

MARICOPA

Project State

AZ

Project Zip

85355-9403

CD

AZ-09

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

173900.00

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

90226

Originating Lender

MidFirst Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

174899.92

Forgiveness Date

11/12/2020

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