PPP Loan information for Powertek corporation

$1,756,869

Powertek corporation was initially approved for PPP Loan of amount $1,756,869, the current approved amount is $1,756,869. The loan was approved on 02/05/2021 by The United Bank reported 89 jobs and $1,756,869 was used to fund payroll.

Powertek corporation is Existing or more than 2 years old

PPP Loan Search / MD / Rockville / Powertek corporation

POWERTEK CORPORATION

Date Approved

02/05/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

POWERTEK CORPORATION

Borrower Address

9420 Key West Ave

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850-3334

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1756869.00

Current Approval Amount

1756869.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-3334

CD

MD-08

Jobs Reported

89

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1756867.00

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

Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1764726.11

Forgiveness Date

07/23/2021

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