PPP Loan information for Hemco inc

$68,636

Hemco inc was initially approved for PPP Loan of amount $68,636, the current approved amount is $68,636. The loan was approved on 03/02/2021 by The River Bank & Trust reported 14 jobs and $68,636 was used to fund payroll.

Hemco inc is Existing or more than 2 years old

HEMCO INC

Date Approved

03/02/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

HEMCO INC

Borrower Address

812 Joseph St

Borrower City

Alexander City

Borrower State

AL

Borrower Zip

35010-3990

Loan Status Date

02/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68636.45

Current Approval Amount

68636.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexander City

Project County Name

TALLAPOOSA

Project State

AL

Project Zip

35010-3990

CD

AL-03

Jobs Reported

14

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

68634.45

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

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69237.02

Forgiveness Date

01/13/2022

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