Power Mulch INC

$72,569 PPP Loan in Smithfield, North Carolina

Loan Details

Loan Number
7670897200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$72,569
Current Approval
$72,569
Forgiveness Amount
$73,306
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Power Mulch INC
Address
1401 S Brightleaf Blvd.
ZIP Code
27577
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444220)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-13

Loan Use Breakdown

Payroll
$54,426
Utilities
$9,071
Mortgage Interest
$9,071

Lender Information

Servicing Lender
Square Capital, LLC
Originating Lender
Celtic Bank Corporation

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