Powell Tool Supply INC

$215,800 PPP Loan in South Bend, Indiana

Loan Details

Loan Number
8467318403
Date Approved
Feb 13, 2021
Loan Status
Paid in Full
Initial Approval
$215,800
Current Approval
$215,800
Forgiveness Amount
$218,414
Forgiveness Date
Apr 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Powell Tool Supply INC
Address
1338 Mishawaka Ave
State
Indiana
ZIP Code
46615-3927
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$215,796
Utilities
$1

Lender Information

Servicing Lender
1st Source Bank
Originating Lender
1st Source Bank

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