PPP Loan information for Powell and associates, inc.

$49,300

Powell and associates, inc. was initially approved for PPP Loan of amount $49,300, the current approved amount is $49,300. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 5 jobs and $49,300 was used to fund payroll.

Powell and associates, inc. is New Business or 2 years or less

POWELL AND ASSOCIATES, INC.

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

POWELL AND ASSOCIATES, INC.

Borrower Address

636 KING ST

Borrower City

REIDSVILLE

Borrower State

NC

Borrower Zip

27320-2209

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49300.00

Current Approval Amount

49300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

REIDSVILLE

Project County Name

ROCKINGHAM

Project State

NC

Project Zip

27320-2209

CD

NC-06

Jobs Reported

5

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49300.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49749.78

Forgiveness Date

04/05/2021

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