PPP Loan information for Powers and sons construction co. inc.

$1,649,000

Powers and sons construction co. inc. was initially approved for PPP Loan of amount $1,649,000, the current approved amount is $1,649,000. The loan was approved on 04/10/2020 by The Peoples Bank reported 72 jobs and $1,649,000 was used to fund payroll.

Powers and sons construction co. inc. is Existing or more than 2 years old

PPP Loan Search / IN / GARY / Powers and sons construction co. inc.

POWERS AND SONS CONSTRUCTION CO. INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POWERS AND SONS CONSTRUCTION CO. INC.

Borrower Address

2636 W 15th Avenue

Borrower City

GARY

Borrower State

IN

Borrower Zip

46404-2125

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1649000.00

Current Approval Amount

1649000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARY

Project County Name

LAKE

Project State

IN

Project Zip

46404-2125

CD

IN-01

Jobs Reported

72

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1649000.00

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

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1658803.64

Forgiveness Date

11/23/2020

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