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
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

BusinessApproved
Lw Survey Co$5,312,782NewBizBotAI Deep Dive
Kivi Bros. Trucking, Inc.$4,299,675NewBizBotAI Deep Dive
Lhb, INC$4,115,500NewBizBotAI Deep Dive
Human Development Center$2,795,900NewBizBotAI Deep Dive
Wescom, INC$2,660,800NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free