PPP Loan information for Powerload electric llc

$50,000

Powerload electric llc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/28/2020 by The Cadence Bank reported 9 jobs and $50,000 was used to fund payroll.

Powerload electric llc is Existing or more than 2 years old

PPP Loan Search / GA / ATHENS / Powerload electric llc

POWERLOAD ELECTRIC LLC

Date Approved

04/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

POWERLOAD ELECTRIC LLC

Borrower Address

105 ESTELLE AVE

Borrower City

ATHENS

Borrower State

GA

Borrower Zip

30606-2143

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

CLARKE

Project State

GA

Project Zip

30606-2143

CD

GA-10

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50472.22

Forgiveness Date

04/15/2021

;