Powers Tax and Administrative Services
$903,000 PPP Loan in Duluth, Minnesota
Loan Details
- Loan Number
- 6849537007
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $903,000
- Current Approval
- $903,000
- Forgiveness Amount
- $908,619
- Forgiveness Date
- Nov 24, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Powers Tax and Administrative Services
- Address
- 610 E 4th St
- City
- Duluth
- State
- Minnesota
- ZIP Code
- 55805-2055
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Retail Trade (445110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 140
- Estimated Revenue
- $35.0M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $842,835
- Rent
- $3,008
- Utilities
- $3,584
- Mortgage Interest
- $49,784
- Debt Interest
- $3,789
Lender Information
- Servicing Lender
- Members Cooperative Cu
- Originating Lender
- Members Cooperative Cu
Other PPP Loans in Duluth, MN
| Business | Approved | |
|---|---|---|
| Lw Survey Co | $5,312,782 | |
| Kivi Bros. Trucking, Inc. | $4,299,675 | |
| Lhb, INC | $4,115,500 | |
| Human Development Center | $2,795,900 | |
| Wescom, INC | $2,660,800 |
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