Power Drives, Inc.

$2,115,400 PPP Loan in Buffalo, New York

Loan Details

Loan Number
3170007110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$2,115,400
Current Approval
$2,115,400
Forgiveness Amount
$2,139,858
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Power Drives, Inc.
Address
801 Exchange St
ZIP Code
14210-1434
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Unanswered
Jobs Reported
153
Estimated Revenue
$46.9M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$2,115,400

Lender Information

Servicing Lender
Keybank National Association
Originating Lender
Keybank National Association

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