PPP borrower record

POWERS ELECTRIC COMPANY, INC. PPP loan record

Public SBA PPP loan record for POWERS ELECTRIC COMPANY, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$149,300
Approved amount
$150,818
Forgiven amount
2020-05-21
Date approved

Borrower and loan details

Borrower
POWERS ELECTRIC COMPANY, INC.
Loan number
1514317801
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Columbus
Borrower state
New Jersey
Borrower ZIP
08022
Jobs reported
7
Loan status
Exemption 4
Forgiveness date
2021-06-10
Servicing lender
Celtic Bank Corporation
Originating lender
Celtic Bank Corporation

Reported use of proceeds

Payroll
$149,300
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.