PPP Loan information for Hemstreet development corp

$311,038

Hemstreet development corp was initially approved for PPP Loan of amount $311,038, the current approved amount is $311,038. The loan was approved on 02/26/2021 by The Heritage Bank reported 37 jobs and $311,038 was used to fund payroll.

Hemstreet development corp is Existing or more than 2 years old

HEMSTREET DEVELOPMENT CORP

Date Approved

02/26/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

HEMSTREET DEVELOPMENT CORP

Borrower Address

7440 E Pinnacle Peak Rd Ste 142

Borrower City

Scottsdale

Borrower State

AZ

Borrower Zip

85255-3638

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

311037.50

Current Approval Amount

311037.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scottsdale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85255-3638

CD

AZ-01

Jobs Reported

37

NAICS Code

531312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

311033.50

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

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

312699.21

Forgiveness Date

09/15/2021

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