Powertec Company, Inc.

$422,170 PPP Loan in Fullerton, California

Loan Details

Loan Number
2208797703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$422,170
Current Approval
$422,170
Forgiveness Amount
$427,215
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powertec Company, Inc.
Address
2488 Fender Ave Ste C
ZIP Code
92831
Business Type
Subchapter S Corporation
Business Age
Existing or more than 2 years old
Jobs Reported
450
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
CA-45

Loan Use Breakdown

Payroll
$383,670
Rent
$7,200
Utilities
$500
Health Care
$29,800
Debt Interest
$1,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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