PPP Loan information for Pow-r motion & control inc

$38,660

Pow-r motion & control inc was initially approved for PPP Loan of amount $38,660, the current approved amount is $38,660. The loan was approved on 01/28/2021 by The Loan Source Incorporated reported 2 jobs and $38,660 was used to fund payroll.

Pow-r motion & control inc is Existing or more than 2 years old

PPP Loan Search / PA / West Chester / Pow-r motion & control inc

POW-R MOTION & CONTROL INC

Date Approved

01/28/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

POW-R MOTION & CONTROL INC

Borrower Address

21 Wilson Ave

Borrower City

West Chester

Borrower State

PA

Borrower Zip

19382-4815

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38660.00

Current Approval Amount

38660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Chester

Project County Name

CHESTER

Project State

PA

Project Zip

19382-4815

CD

PA-06

Jobs Reported

2

NAICS Code

334515

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

38658.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38948.10

Forgiveness Date

11/09/2021

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