Powerworks Electric, LLC

$1,996,500 PPP Loan in Mooresville, North Carolina

Loan Details

Loan Number
2171257101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,996,500
Current Approval
$1,996,500
Forgiveness Amount
$2,019,571
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powerworks Electric, LLC
Address
160 Gasoline Aly
ZIP Code
28117-6502
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
164
Estimated Revenue
$54.0M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$1,996,500

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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