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POWERS 16 INC.

Company Details

Name: POWERS 16 INC.
Legal type: Kentucky Corporation
Status: Active
Standing: Good
Profit or Non-Profit: Profit
File Date: 01 Oct 1987 (38 years ago)
Organization Date: 01 Oct 1987 (38 years ago)
Last Annual Report: 17 Mar 2025 (a month ago)
Organization Number: 0234667
Industry: Automotive Dealers and Gasoline Service Stations
Number of Employees: Small (0-19)
ZIP code: 42701
City: Elizabethtown, E Town
Primary County: Hardin County
Principal Office: 1112 N. DIXIE HIGHWAY, ELIZABETHTOWN, KY 42701
Place of Formation: KENTUCKY
Authorized Shares: 2000

Registered Agent

Name Role
DOUGLAS S. POWERS Registered Agent

Incorporator

Name Role
DOUGLAS S. POWERS Incorporator

Director

Name Role
DOUGLAS S. POWERS Director

President

Name Role
Doug S Powers President

Secretary

Name Role
Doug S Powers Secretary

Former Company Names

Name Action
POWERS BIG-O TIRES OF E'TOWN, KY, INC. Old Name

Assumed Names

Name Status Expiration Date
BIG O TIRES OF E'TOWN Inactive 2012-04-08

Filings

Name File Date
Annual Report 2025-03-17
Annual Report 2024-08-26
Annual Report 2023-08-14
Annual Report 2022-04-20
Annual Report 2021-08-31
Annual Report 2020-03-02
Annual Report 2019-06-24
Annual Report 2018-05-09
Annual Report 2017-05-18
Annual Report 2016-02-25

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2179287300 2020-04-29 0457 PPP 1112 N Dixie Hwy, Elizabethtown, KY, 42701
Loan Status Date 2021-09-15
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 79200
Loan Approval Amount (current) 79200
Undisbursed Amount 0
Franchise Name Big O Tires
Lender Location ID 455644
Servicing Lender Name Live Oak Banking Company
Servicing Lender Address 1741 Tiburon Dr, WILMINGTON, NC, 28403-6244
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Elizabethtown, HARDIN, KY, 42701-1000
Project Congressional District KY-02
Number of Employees 12
NAICS code 441320
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 455644
Originating Lender Name Live Oak Banking Company
Originating Lender Address WILMINGTON, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 80191.63
Forgiveness Paid Date 2021-08-05

Sources: Kentucky Secretary of State