Powerrail Manufacturing INC

$150,000 PPP Loan in Connersville, Indiana

Loan Details

Loan Number
9139947000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$150,000
Current Approval
$150,000
Forgiveness Amount
$150,879
Forgiveness Date
Nov 18, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Powerrail Manufacturing INC
Address
1321 Illinois Avenue
State
Indiana
ZIP Code
47331
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423860)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.0M
Rural/Urban
Rural
Congressional District
IN-06

Loan Use Breakdown

Payroll
$150,000

Lender Information

Servicing Lender
Peoples Security Bank and Trust Company
Originating Lender
Peoples Security Bank and Trust Company

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