PPP Loan information for Powershop gym inc.

$22,500

Powershop gym inc. was initially approved for PPP Loan of amount $22,500, the current approved amount is $22,500. The loan was approved on 04/03/2020 by The Central Bank reported 10 jobs and $22,500 was used to fund payroll.

Powershop gym inc. is Existing or more than 2 years old

POWERSHOP GYM INC.

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

POWERSHOP GYM INC.

Borrower Address

514 main st.

Borrower City

BROOKINGS

Borrower State

SD

Borrower Zip

57006

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

22500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25506

Servicing Lender Name

Central Bank

Servicing Lender Address

600 Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588-1852

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKINGS

Project County Name

BROOKINGS

Project State

SD

Project Zip

57006-0001

CD

SD-

Jobs Reported

10

NAICS Code

713940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22500.00

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

25506

Originating Lender

Central Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22637.50

Forgiveness Date

11/20/2020

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