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Power-Volt, Inc.

$254,000 PPP Loan in Addison, Illinois

Loan Details

Loan Number
4662267108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$254,000
Current Approval
$254,000
Forgiveness Amount
$257,443
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Power-Volt, Inc.
Address
300 W. Factory Road
City
Addison
State
Illinois
ZIP Code
60101-5004
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334416)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$11.3M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$254,000

Lender Information

Servicing Lender
Union National Bank
Originating Lender
Union National Bank

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