PPP Loan information for Heco inc

$876,320

Heco inc was initially approved for PPP Loan of amount $876,320, the current approved amount is $876,320. The loan was approved on 04/04/2020 by The First National Bank of Michigan reported 56 jobs and $876,320 was used to fund payroll.

Heco inc is Existing or more than 2 years old

HECO INC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HECO INC

Borrower Address

3509 S BURDICK ST

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49001-4835

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

876320.00

Current Approval Amount

876320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49001-4835

CD

MI-04

Jobs Reported

56

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

0.00

Mortgage Interest Proceed

0.00

Rent Proceed

876320.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

881313.82

Forgiveness Date

11/05/2020

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