Powerco Inc.

$614,300 PPP Loan in Clinton, New Jersey

Loan Details

Loan Number
8995077008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$614,300
Current Approval
$614,300
Forgiveness Amount
$619,487
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powerco Inc.
Address
12 State Route 173
ZIP Code
08809-1269
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$453,830
Rent
$70,700
Utilities
$17,350
Health Care
$72,420

Lender Information

Servicing Lender
Essa Bank & Trust
Originating Lender
Essa Bank & Trust

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