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Powmet INC

$154,850 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
7893178407
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$154,850
Current Approval
$154,850
Forgiveness Amount
$155,784
Forgiveness Date
Sep 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Powmet INC
Address
2625 Sewell St
City
Rockford
State
Illinois
ZIP Code
61109-1258
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$154,848
Utilities
$1

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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