Power Drive Systems Inc.

$155,894 PPP Loan in Jackson, Michigan

Loan Details

Loan Number
8046707005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$155,894
Current Approval
$155,894
Forgiveness Amount
$156,972
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Power Drive Systems Inc.
Address
2727 Saradan Dr
ZIP Code
49202-1215
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423850)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$124,715
Utilities
$7,795
Mortgage Interest
$23,384

Lender Information

Servicing Lender
County National Bank
Originating Lender
County National Bank

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