PPP Loan information for Powers tax and administrative services

$903,000

Powers tax and administrative services was initially approved for PPP Loan of amount $903,000, the current approved amount is $903,000. The loan was approved on 04/07/2020 by The Members Cooperative CU reported 140 jobs and $903,000 was used to fund payroll.

Powers tax and administrative services is Existing or more than 2 years old

PPP Loan Search / MN / DULUTH / Powers tax and administrative services

POWERS TAX AND ADMINISTRATIVE SERVICES

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

POWERS TAX AND ADMINISTRATIVE SERVICES

Borrower Address

610 E 4th St

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55805-2055

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

903000.00

Current Approval Amount

903000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99625

Servicing Lender Name

Members Cooperative CU

Servicing Lender Address

4628 Mike Colalillo Dr

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55807-2732

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55805-2055

CD

MN-08

Jobs Reported

140

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3584.00

Payroll Proceed

842835.00

Mortgage Interest Proceed

49784.00

Rent Proceed

3008.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3789

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

99625

Originating Lender

Members Cooperative CU

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

908618.67

Forgiveness Date

11/24/2020

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