PPP Loan information for H&b specialized products inc

$314,900

H&b specialized products inc was initially approved for PPP Loan of amount $314,900, the current approved amount is $314,900. The loan was approved on 01/27/2021 by The Alerus Financial, National Association reported 18 jobs and $314,900 was used to fund payroll.

H&b specialized products inc is Existing or more than 2 years old

PPP Loan Search / MN / Eden Prairie / H&b specialized products inc

H&B SPECIALIZED PRODUCTS INC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

H&B SPECIALIZED PRODUCTS INC

Borrower Address

6560 Edenvale Blvd

Borrower City

Eden Prairie

Borrower State

MN

Borrower Zip

55346-2502

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

314900.00

Current Approval Amount

314900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eden Prairie

Project County Name

HENNEPIN

Project State

MN

Project Zip

55346-2502

CD

MN-03

Jobs Reported

18

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

314897.00

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

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

317637.88

Forgiveness Date

12/09/2021

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