PPP Loan information for Powertec inc. electrical contractor

$373,900

Powertec inc. electrical contractor was initially approved for PPP Loan of amount $373,900, the current approved amount is $373,900. The loan was approved on 02/06/2021 by The TowneBank reported 44 jobs and $373,900 was used to fund payroll.

Powertec inc. electrical contractor is Existing or more than 2 years old

PPP Loan Search / VA / Richmond / Powertec inc. electrical contractor

POWERTEC INC. ELECTRICAL CONTRACTOR

Date Approved

02/06/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

POWERTEC INC. ELECTRICAL CONTRACTOR

Borrower Address

1708 Mactavish Ave

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23230-4418

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

373900.00

Current Approval Amount

373900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23230-4418

CD

VA-04

Jobs Reported

44

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

373897.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

375260.58

Forgiveness Date

06/23/2021

;