Powersafe Automation, LLC

$85,000 PPP Loan in Wolcottville, Indiana

Loan Details

Loan Number
8326577008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$85,000
Current Approval
$85,000
Forgiveness Amount
$85,510
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powersafe Automation, LLC
Address
129 N Main Street
State
Indiana
ZIP Code
46795-9037
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-03

Loan Use Breakdown

Payroll
$70,000
Rent
$4,000
Utilities
$1,000
Debt Interest
$10,000

Lender Information

Servicing Lender
Lincoln Savings Bank
Originating Lender
Lincoln Savings Bank

Other PPP Loans in Wolcottville, IN

BusinessApproved
Wolcottville Organic Livestock Feed$328,479NewBizBotResearch
Wolcottville Organic Livestock Feed Co-Op$319,665NewBizBotResearch
Tire Star of Wolcottville Incorporated$233,700NewBizBotResearch
River Woodworking, LLC$191,400NewBizBotResearch
Vino of Indiana LLC$158,197NewBizBotResearch

Want to research this company further?

Try NewBizBot free