PPP Loan information for Power torque inc

$382,189

Power torque inc was initially approved for PPP Loan of amount $382,189, the current approved amount is $382,189. The loan was approved on 04/13/2020 by The First Mid Bank & Trust, National Association reported 28 jobs and $382,189 was used to fund payroll.

Power torque inc is Existing or more than 2 years old

PPP Loan Search / MO / Ellisville / Power torque inc

POWER TORQUE INC

Date Approved

04/13/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

POWER TORQUE INC

Borrower Address

425 Old State Road

Borrower City

Ellisville

Borrower State

MO

Borrower Zip

63021

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

382189.00

Current Approval Amount

382189.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ellisville

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63021-0001

CD

MO-02

Jobs Reported

28

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

382189.00

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

Subchapter S Corporation

Originating Lender Location Id

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

359614.59

Forgiveness Date

11/10/2020

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