PPP Loan information for Power specialists assoc., inc.

$913,912

Power specialists assoc., inc. was initially approved for PPP Loan of amount $913,912, the current approved amount is $913,912. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 51 jobs and $913,912 was used to fund payroll.

Power specialists assoc., inc. is Existing or more than 2 years old

PPP Loan Search / CT / Somers / Power specialists assoc., inc.

POWER SPECIALISTS ASSOC., INC.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

POWER SPECIALISTS ASSOC., INC.

Borrower Address

531 Main Street

Borrower City

Somers

Borrower State

CT

Borrower Zip

06071

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

913912.00

Current Approval Amount

913912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somers

Project County Name

TOLLAND

Project State

CT

Project Zip

06071-0001

CD

CT-02

Jobs Reported

51

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

760912.00

Mortgage Interest Proceed

0.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75000.00

Debt Interest Proceed

8000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

920196.71

Forgiveness Date

12/30/2020

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