PPP Loan information for Powers 16 inc.

$79,200

Powers 16 inc. was initially approved for PPP Loan of amount $79,200, the current approved amount is $79,200. The loan was approved on 04/29/2020 by The Live Oak Banking Company reported 12 jobs and $79,200 was used to fund payroll.

Powers 16 inc. is Existing or more than 2 years old

POWERS 16 INC.

Date Approved

04/29/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

POWERS 16 INC.

Borrower Address

1112 N Dixie Hwy

Borrower City

Elizabethtown

Borrower State

KY

Borrower Zip

42701

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79200.00

Current Approval Amount

79200.00

Undisbursed Amount

0.00

Franchise Name

Big O Tires

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elizabethtown

Project County Name

HARDIN

Project State

KY

Project Zip

42701-1000

CD

KY-02

Jobs Reported

12

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79200.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80191.63

Forgiveness Date

08/05/2021

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