Powers Ventures Inc.
$287,338 PPP Loan in Rochester, Minnesota
Loan Details
- Loan Number
- 9846758803
- Date Approved
- Apr 24, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $287,338
- Current Approval
- $287,338
- Forgiveness Amount
- $289,661
- Forgiveness Date
- Feb 10, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Powers Ventures Inc.
- Address
- 2112 2nd St SW Ste a
- City
- Rochester
- State
- Minnesota
- ZIP Code
- 55902-4169
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (722320)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 118
- Estimated Revenue
- $22.0M
- Rural/Urban
- Urban
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $287,332
- Utilities
- $1
Lender Information
- Servicing Lender
- Sterling State Bank
- Originating Lender
- Sterling State Bank
Other PPP Loans in Rochester, MN
| Business | Approved | |
|---|---|---|
| Crenlo Cab Products, LLC | $10,000,000 | |
| Nuss Truck Group Inc. | $5,226,500 | |
| Alvin E Benike INC | $4,583,100 | |
| Reichel Foods, Inc. | $3,370,400 | |
| Kah 20 2nd Avenue LLC | $3,040,800 |
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