PPP Loan information for Hanover tool inc

$224,000

Hanover tool inc was initially approved for PPP Loan of amount $224,000, the current approved amount is $224,000. The loan was approved on 04/06/2020 by The The First Bank and Trust Company reported 13 jobs and $224,000 was used to fund payroll.

Hanover tool inc is Existing or more than 2 years old

PPP Loan Search / VA / ASHLAND / Hanover tool inc

HANOVER TOOL INC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HANOVER TOOL INC

Borrower Address

10417 DOW GIL RD

Borrower City

ASHLAND

Borrower State

VA

Borrower Zip

23005-7639

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224000.00

Current Approval Amount

224000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

HANOVER

Project State

VA

Project Zip

23005-7639

CD

VA-01

Jobs Reported

13

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

224000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

215224.56

Forgiveness Date

11/03/2020

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