PPP Loan information for Power and rubber supply inc.

$1,010,663

Power and rubber supply inc. was initially approved for PPP Loan of amount $1,010,663, the current approved amount is $1,010,663. The loan was approved on 02/10/2021 by The Itria Ventures LLC reported 60 jobs and $1,010,663 was used to fund payroll.

Power and rubber supply inc. is Existing or more than 2 years old

PPP Loan Search / AL / Tuscaloosa / Power and rubber supply inc.

POWER AND RUBBER SUPPLY INC.

Date Approved

02/10/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

POWER AND RUBBER SUPPLY INC.

Borrower Address

1501 35th St

Borrower City

Tuscaloosa

Borrower State

AL

Borrower Zip

35401-7006

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1010662.50

Current Approval Amount

1010662.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tuscaloosa

Project County Name

TUSCALOOSA

Project State

AL

Project Zip

35401-7006

CD

AL-07

Jobs Reported

60

NAICS Code

326220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1010660.50

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1016165.00

Forgiveness Date

09/17/2021

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