PPP Loan information for Power coatings, llc

$151,900

Power coatings, llc was initially approved for PPP Loan of amount $151,900, the current approved amount is $151,900. The loan was approved on 04/11/2020 by The Johnson Bank reported 24 jobs and $151,900 was used to fund payroll.

Power coatings, llc is Existing or more than 2 years old

POWER COATINGS, LLC

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

POWER COATINGS, LLC

Borrower Address

4120 CAPITAL CIR

Borrower City

JANESVILLE

Borrower State

WI

Borrower Zip

53546-8301

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151900.00

Current Approval Amount

151900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JANESVILLE

Project County Name

ROCK

Project State

WI

Project Zip

53546-8301

CD

WI-01

Jobs Reported

24

NAICS Code

332812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18987.50

Payroll Proceed

113925.00

Mortgage Interest Proceed

18987.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

154663.33

Forgiveness Date

02/09/2022

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