PPP Loan information for Power source electric llc

$243,223

Power source electric llc was initially approved for PPP Loan of amount $243,223, the current approved amount is $243,223. The loan was approved on 01/25/2021 by The Bank of Bartlett reported 27 jobs and $243,223 was used to fund payroll.

Power source electric llc is Existing or more than 2 years old

POWER SOURCE ELECTRIC LLC

Date Approved

01/25/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

POWER SOURCE ELECTRIC LLC

Borrower Address

8136 Jack Bond Rd

Borrower City

Arlington

Borrower State

TN

Borrower Zip

38002-9621

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243222.50

Current Approval Amount

243222.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66771

Servicing Lender Name

Bank of Bartlett

Servicing Lender Address

6281 Stage Rd

Servicing Lender City

BARTLETT

Servicing Lender State

TN

Servicing Lender Zip

38134-3727

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington

Project County Name

SHELBY

Project State

TN

Project Zip

38002-9621

CD

TN-08

Jobs Reported

27

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

243221.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

66771

Originating Lender

Bank of Bartlett

Originating Lender City

BARTLETT

Originating Lender State

TN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

244438.61

Forgiveness Date

07/27/2021

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