PPP Loan information for Hemco inc

$142,300

Hemco inc was initially approved for PPP Loan of amount $142,300, the current approved amount is $142,300. The loan was approved on 04/09/2020 by The First Bank Elk River reported 7 jobs and $142,300 was used to fund payroll.

Hemco inc is Existing or more than 2 years old

HEMCO INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HEMCO INC

Borrower Address

14900 JAMES RD

Borrower City

ROGERS

Borrower State

MN

Borrower Zip

55374-9362

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142300.00

Current Approval Amount

142300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROGERS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55374-9362

CD

MN-03

Jobs Reported

7

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7115.00

Payroll Proceed

106725.00

Mortgage Interest Proceed

0.00

Rent Proceed

28460.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

143343.53

Forgiveness Date

01/07/2021

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