PPP Loan information for Power motors llc

$20,100

Power motors llc was initially approved for PPP Loan of amount $20,100, the current approved amount is $20,100. The loan was approved on 04/29/2020 by The State Bank of Southern Utah reported 2 jobs and $20,100 was used to fund payroll.

Power motors llc is New Business or 2 years or less

PPP Loan Search / UT / WASHINGTON / Power motors llc

POWER MOTORS LLC

Date Approved

04/29/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

POWER MOTORS LLC

Borrower Address

1598 N BELMONT AVE

Borrower City

WASHINGTON

Borrower State

UT

Borrower Zip

84780-4709

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20100.00

Current Approval Amount

20100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72214

Servicing Lender Name

State Bank of Southern Utah

Servicing Lender Address

377 N Main St

Servicing Lender City

CEDAR CITY

Servicing Lender State

UT

Servicing Lender Zip

84721-2639

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WASHINGTON

Project County Name

WASHINGTON

Project State

UT

Project Zip

84780-4709

CD

UT-02

Jobs Reported

2

NAICS Code

441210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

72214

Originating Lender

State Bank of Southern Utah

Originating Lender City

CEDAR CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20281.18

Forgiveness Date

04/02/2021

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