PPP Loan information for Hb sound & light, inc.

$318,730

Hb sound & light, inc. was initially approved for PPP Loan of amount $318,730, the current approved amount is $318,730. The loan was approved on 04/13/2020 by The United Valley Bank reported 20 jobs and $318,730 was used to fund payroll.

Hb sound & light, inc. is Existing or more than 2 years old

HB SOUND & LIGHT, INC.

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

HB SOUND & LIGHT, INC.

Borrower Address

101 N 8th St

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318730.00

Current Approval Amount

318730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52701

Servicing Lender Name

United Valley Bank

Servicing Lender Address

211 Division Ave S

Servicing Lender City

CAVALIER

Servicing Lender State

ND

Servicing Lender Zip

58220

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-0001

CD

ND-

Jobs Reported

20

NAICS Code

561920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5991.00

Payroll Proceed

298020.00

Mortgage Interest Proceed

12319.00

Rent Proceed

2400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52701

Originating Lender

United Valley Bank

Originating Lender City

CAVALIER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

310387.84

Forgiveness Date

11/03/2020

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