Powell's Service INC

$63,100 PPP Loan in Saint Louis, Michigan

Loan Details

Loan Number
6815757005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$63,100
Current Approval
$63,100
Forgiveness Amount
$63,665
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powell's Service INC
Address
760 E Monroe Rd
ZIP Code
48880-9201
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$50,677
Rent
$4,600
Utilities
$1,549
Mortgage Interest
$3,137
Debt Interest
$3,137

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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