PPP Loan information for Heed industries, inc

$131,808

Heed industries, inc was initially approved for PPP Loan of amount $131,808, the current approved amount is $131,808. The loan was approved on 04/08/2020 by The First Bank, Upper Michigan reported 23 jobs and $131,808 was used to fund payroll.

Heed industries, inc is Existing or more than 2 years old

HEED INDUSTRIES, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HEED INDUSTRIES, INC

Borrower Address

4989 DANFORTH RD

Borrower City

ESCANABA

Borrower State

MI

Borrower Zip

49829-9418

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131807.50

Current Approval Amount

131807.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34945

Servicing Lender Name

First Bank, Upper Michigan

Servicing Lender Address

1400 Delta Ave

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1318

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ESCANABA

Project County Name

DELTA

Project State

MI

Project Zip

49829-9418

CD

MI-01

Jobs Reported

23

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

131807.50

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

34945

Originating Lender

First Bank, Upper Michigan

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

132526.12

Forgiveness Date

11/03/2020

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