Premium Power INC

$92,591 PPP Loan in Concord, North Carolina

Loan Details

Loan Number
9816837109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$92,591
Current Approval
$92,591
Forgiveness Amount
$93,484
Forgiveness Date
Apr 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Premium Power INC
Address
1012 Central Drive
ZIP Code
28027-4202
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-12

Loan Use Breakdown

Payroll
$74,073
Utilities
$8,518
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Uwharrie Bank
Originating Lender
Uwharrie Bank

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