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POWERTECH WATER, INC.

Company Details

Name: POWERTECH WATER, INC.
Legal type: Foreign Corporation
Status: Active
Standing: Good
Profit or Non-Profit: Profit
File Date: 07 Jun 2019 (6 years ago)
Authority Date: 07 Jun 2019 (6 years ago)
Last Annual Report: 25 Mar 2024 (a year ago)
Organization Number: 1061188
Industry: Engineering, Accounting, Research, Management & Related Services
Number of Employees: Medium (20-99)
ZIP code: 40508
City: Lexington
Primary County: Fayette County
Principal Office: 749 W Short St, Lexington, KY 40508
Place of Formation: DELAWARE

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
POWERTECH WATER CBS BENEFIT PLAN 2023 841993532 2024-12-30 POWERTECH WATER 23
File View Page
Three-digit plan number (PN) 501
Effective date of plan 2020-04-01
Business code 221300
Sponsor’s telephone number 7325390089
Plan sponsor’s address 133 TRADE STREET, LEXINGTON, KY, 40511

Plan administrator’s name and address

Administrator’s EIN 846429706
Plan administrator’s name JOSEPH HSU
Plan administrator’s address 464 CHENAULT RD, FRANKFORT, KY, 40601
Administrator’s telephone number 5026954700

Signature of

Role Plan administrator
Date 2024-12-30
Name of individual signing JOSEPH HSU
Valid signature Filed with authorized/valid electronic signature
POWERTECH WATER, INC. 401(K) PLAN 2023 841993532 2024-07-12 POWERTECH WATER, INC. 27
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2022-01-01
Business code 541990
Sponsor’s telephone number 8594479061
Plan sponsor’s address 749 W. SHORT ST, LEXINGTON, KY, 40508

Signature of

Role Plan administrator
Date 2024-07-12
Name of individual signing CATHERINE CONATY
Valid signature Filed with authorized/valid electronic signature
POWERTECH WATER CBS BENEFIT PLAN 2022 841993532 2023-12-27 POWERTECH WATER 19
File View Page
Three-digit plan number (PN) 501
Effective date of plan 2020-04-01
Business code 221300
Sponsor’s telephone number 7325390089
Plan sponsor’s address 133 TRADE STREET, LEXINGTON, KY, 40511

Plan administrator’s name and address

Administrator’s EIN 846429706
Plan administrator’s name SHAWNA BURTON
Plan administrator’s address 464 CHENAULT RD, FRANKFORT, KY, 40601
Administrator’s telephone number 5026954700

Signature of

Role Plan administrator
Date 2023-12-27
Name of individual signing SHAWNA BURTON
Valid signature Filed with authorized/valid electronic signature
POWERTECH WATER, INC. 401(K) PLAN 2022 841993532 2023-05-24 POWERTECH WATER, INC. 23
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2022-01-01
Business code 541990
Sponsor’s telephone number 8594479061
Plan sponsor’s address 749 W. SHORT ST, LEXINGTON, KY, 40508

Signature of

Role Plan administrator
Date 2023-05-24
Name of individual signing CATHERINE CONATY
Valid signature Filed with authorized/valid electronic signature
POWERTECH WATER CBS BENEFIT PLAN 2021 841993532 2022-12-29 POWERTECH WATER 8
File View Page
Three-digit plan number (PN) 501
Effective date of plan 2020-04-01
Business code 221300
Sponsor’s telephone number 7325390089
Plan sponsor’s address 133 TRADE STREET, LEXINGTON, KY, 40511

Plan administrator’s name and address

Administrator’s EIN 846429706
Plan administrator’s name SHAWNA BURTON
Plan administrator’s address 464 CHENAULT RD, FRANKFORT, KY, 40601
Administrator’s telephone number 5026954700

Signature of

Role Plan administrator
Date 2022-12-29
Name of individual signing SHAWNA BURTON
Valid signature Filed with authorized/valid electronic signature
POWERTECH WATER CBS BENEFIT PLAN 2020 841993532 2021-12-14 POWERTECH WATER 6
File View Page
Three-digit plan number (PN) 501
Effective date of plan 2020-04-01
Business code 221300
Sponsor’s telephone number 7325390089
Plan sponsor’s address 133 TRADE STREET, LEXINGTON, KY, 40511

Plan administrator’s name and address

Administrator’s EIN 846429706
Plan administrator’s name SHAWNA BURTON
Plan administrator’s address 464 CHENAULT RD, FRANKFORT, KY, 40601
Administrator’s telephone number 5026954700

Signature of

Role Plan administrator
Date 2021-12-14
Name of individual signing SHAWNA BURTON
Valid signature Filed with authorized/valid electronic signature
POWERTECH WATER CBS BENEFIT PLAN 2019 841993532 2020-12-23 POWERTECH WATER 6
Three-digit plan number (PN) 501
Effective date of plan 2020-04-01
Business code 221300
Sponsor’s telephone number 7325390089
Plan sponsor’s address 133 TRADE STREET, LEXINGTON, KY, 40511

Plan administrator’s name and address

Administrator’s EIN 846429706
Plan administrator’s name KELLY WOLF
Plan administrator’s address 464 CHENAULT RD, FRANKFORT, KY, 40601
Administrator’s telephone number 5026954700

Signature of

Role Plan administrator
Date 2020-12-23
Name of individual signing KELLY WOLF
Valid signature Filed with authorized/valid electronic signature

Registered Agent

Name Role
CT CORPORATION SYSTEM Registered Agent

President

Name Role
Keith Jacobs President

Director

Name Role
JAMES LANDON Director
CHRISTOPHER YOUNG Director
CAMERON LIPPERT Director

Assumed Names

Name Status Expiration Date
ELECTRAMET Active 2027-01-13

Filings

Name File Date
Annual Report 2024-03-25
Principal Office Address Change 2023-06-06
Annual Report 2023-03-21
Annual Report 2022-03-15
Certificate of Assumed Name 2022-01-13
Principal Office Address Change 2021-06-23
Annual Report 2021-06-23
Annual Report 2020-03-10
Application for Certificate of Authority(Corp) 2019-06-07

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3089547710 2020-05-01 0457 PPP 133 TRADE ST, LEXINGTON, KY, 40511
Loan Status Date 2021-05-22
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 97750
Loan Approval Amount (current) 97750
Undisbursed Amount 0
Franchise Name -
Lender Location ID 48270
Servicing Lender Name JPMorgan Chase Bank, National Association
Servicing Lender Address 1111 Polaris Pkwy, COLUMBUS, OH, 43240-2031
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description New Business or 2 years or less
Project Address LEXINGTON, FAYETTE, KY, 40511-1000
Project Congressional District KY-06
Number of Employees 9
NAICS code 333318
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 194093
Originating Lender Name JPMorgan Chase Bank, National Association
Originating Lender Address CHICAGO, IL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 98654.73
Forgiveness Paid Date 2021-04-08

Government Spending

Branch Date of Service Fiscal Year Cabinet Department Classification Item Name Amount
Executive 2023-09-27 2024 Cabinet for Economic Development Econ Dev - Office Of The Secretary Misc Commodities & Other Exp Promotional Entertainment Exp 597.04
Executive 2023-08-04 2024 Cabinet for Economic Development Econ Dev - Office Of The Secretary Misc Commodities & Other Exp Promotional Entertainment Exp 6021.96
Executive 2023-07-25 2024 Cabinet for Economic Development Econ Dev - Office Of The Secretary Misc Commodities & Other Exp Promotional Entertainment Exp 3381

Financial Incentive

Program Program Status Average Hourly Wage Project Cost Incentive Amount Initial Jobs New Jobs Date of Action Approval Type
Angel Investment Tax Credit Inactive - $0 $4,203 - - 2024-12-12 Final
Angel Investment Tax Credit Inactive - $0 $12,500 - - 2024-12-12 Final
Angel Investment Tax Credit Inactive - $0 $25,000 - - 2024-12-12 Final
Angel Investment Tax Credit Inactive - $0 $33,651 - - 2024-12-12 Final
Angel Investment Tax Credit Inactive - $0 $2,500 - - 2024-05-30 Final
Angel Investment Tax Credit Inactive - $0 $6,250 - - 2024-05-30 Final
Angel Investment Tax Credit Inactive - $0 $12,500 - - 2024-05-30 Final
Angel Investment Tax Credit Inactive - $0 $12,500 - - 2024-05-30 Final
Angel Investment Tax Credit Inactive - $0 $12,500 - - 2024-05-30 Final
Angel Investment Tax Credit Inactive - $0 $12,500 - - 2024-05-30 Final

Sources: Kentucky Secretary of State