Power Drives, Inc.

North Carolina
Registered In
08/17/1966
Incorp. Date

Company Summary

Power Drives, Inc. at 8031 Pence Rd, Charlotte, Nc 28215 lists Stephen M Petrunich of Charlotte, NC as the associate.

Registered In
North Carolina
Incorporation Date
Registration Type
Domestic
Company Type
Business Corporation
Status
Current-Active
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Stephen M. Petrunich Registered Agent
8031 PENCE RD, CHARLOTTE, NC 28215 PO BOX 25427, CHARLOTTE, NC 28229 (Mailing)
Stephen M Petrunich President
PO BOX 25427, CHARLOTTE, NC 28229-5427
8031 PENCE RD, CHARLOTTE, NC 28215 View Map
PO BOX 25427, CHARLOTTE, NC 28229 (Mailing) View Map

Financial Information for Power Drives, Inc.

Form 5500

POWER DRIVES, INC.

PO Box 25427, Charlotte, Nc 28229 (704) 568-7480 EIN:56-1023785 Plan Admin:Stephen Petrunich
Year Plan Name Participants BOY/EOY Assets BOY/EOY
2022 Plan NamePOWER DRIVES, INC. 401(K) PROFIT SHARING PLAN Plan #001 Participants BOY/EOY9 / 8 Assets BOY/EOY$2,001,539 / $1,549,666 2022 POWER DRIVES, INC. 401(K) PROFIT SHARING PLAN - Plan #001 9 / 8 $2,001,539 / $1,549,666
2021 Plan NamePOWER DRIVES, INC. 401(K) PROFIT SHARING PLAN Plan #001 Participants BOY/EOY7 / 7 Assets BOY/EOY$1,720,895 / $2,001,539 2021 POWER DRIVES, INC. 401(K) PROFIT SHARING PLAN - Plan #001 7 / 7 $1,720,895 / $2,001,539
2020 Plan NamePOWER DRIVES, INC. 401(K) PROFIT SHARING PLAN Plan #001 Participants BOY/EOY7 / 7 Assets BOY/EOY$1,480,716 / $1,720,895 2020 POWER DRIVES, INC. 401(K) PROFIT SHARING PLAN - Plan #001 7 / 7 $1,480,716 / $1,720,895
2019 Plan NamePOWER DRIVES, INC. 401(K) PROFIT SHARING PLAN Plan #001 Participants BOY/EOY8 / 7 Assets BOY/EOY$1,519,180 / $1,480,716 2019 POWER DRIVES, INC. 401(K) PROFIT SHARING PLAN - Plan #001 8 / 7 $1,519,180 / $1,480,716
Benefit & Retirement Plans based on Form 5500.
PPP Loans

POWER DRIVES INC.

8031 Pence Rd, Charlotte, NC 28215-4349 Industry:Industrial Machinery and Equipment Merchant Wholesalers Ethnicity:Not Hispanic or Latino Race:White Veteran:No
Loan Date Approved Forgiven Lender Jobs
02/01/2021 Approved$149,900 Forgiven$150,708 LenderFirst National Bank of Pennsylvania Jobs9 02/01/2021 $149,900 $150,708 First National Bank of Pennsylvania 9
04/30/2020 Approved$149,900 Forgiven$151,195 LenderFirst National Bank of Pennsylvania Jobs8 04/30/2020 $149,900 $151,195 First National Bank of Pennsylvania 8
PPP Loans based on Paycheck Protection Program.
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Power Drives and Bearings, Inc. Registered in North Dakota
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The following government agencies have contributed data:

North Carolina Secretary of State U.S. Department of Labor U.S. Small Business Administration
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