PPP Loan information for Herco, inc.

$250,500

Herco, inc. was initially approved for PPP Loan of amount $250,500, the current approved amount is $250,500. The loan was approved on 04/06/2020 by The Community Bank reported 21 jobs and $250,500 was used to fund payroll.

Herco, inc. is Existing or more than 2 years old

HERCO, INC.

Date Approved

04/06/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

HERCO, INC.

Borrower Address

PO Box 916

Borrower City

LEWISTON

Borrower State

ID

Borrower Zip

83501

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250500.00

Current Approval Amount

250500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59602

Servicing Lender Name

Community Bank

Servicing Lender Address

609 N Main

Servicing Lender City

JOSEPH

Servicing Lender State

OR

Servicing Lender Zip

97846-5037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEWISTON

Project County Name

NEZ PERCE

Project State

ID

Project Zip

83501-0001

CD

ID-01

Jobs Reported

21

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6262.00

Payroll Proceed

225450.00

Mortgage Interest Proceed

0.00

Rent Proceed

18788.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

59602

Originating Lender

Community Bank

Originating Lender City

JOSEPH

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252942.37

Forgiveness Date

04/01/2021

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