Power Mechanical, Inc.

$1,663,000 PPP Loan in Newport News, Virginia

Loan Details

Loan Number
2282367102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,663,000
Current Approval
$1,663,000
Forgiveness Amount
$1,671,989
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Power Mechanical, Inc.
Address
4811 Commerce Dr
ZIP Code
23607-2215
Business Type
Corporation
Industry (NAICS)
Manufacturing (333613)
Business Age
Existing or more than 2 years old
Jobs Reported
116
Estimated Revenue
$30.4M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$1,663,000

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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