PPP Loan information for Hempel pipe & supply

$147,200

Hempel pipe & supply was initially approved for PPP Loan of amount $147,200, the current approved amount is $147,200. The loan was approved on 04/07/2020 by The IH Mississippi Valley Credit Union reported 11 jobs and $147,200 was used to fund payroll.

Hempel pipe & supply is Existing or more than 2 years old

HEMPEL PIPE & SUPPLY

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

HEMPEL PIPE & SUPPLY

Borrower Address

951 S. Rolff Street

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52802-2821

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147200.00

Current Approval Amount

147200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95611

Servicing Lender Name

IH Mississippi Valley Credit Union

Servicing Lender Address

2500 River Drive

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-3663

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52802-2821

CD

IA-01

Jobs Reported

11

NAICS Code

423720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

147200.00

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

Subchapter S Corporation

Originating Lender Location Id

95611

Originating Lender

IH Mississippi Valley Credit Union

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137099.00

Forgiveness Date

11/10/2021

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