PPP Loan information for Hercules wire rope & sling co

$290,585

Hercules wire rope & sling co was initially approved for PPP Loan of amount $290,586, the current approved amount is $290,585. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 28 jobs and $290,585 was used to fund payroll.

Hercules wire rope & sling co is Existing or more than 2 years old

HERCULES WIRE ROPE & SLING CO

Date Approved

05/01/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

HERCULES WIRE ROPE & SLING CO

Borrower Address

3404 Trotter Rd

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70363

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290585.72

Current Approval Amount

290585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOUMA

Project County Name

TERREBONNE

Project State

LA

Project Zip

70363-0001

CD

LA-01

Jobs Reported

28

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7130.10

Payroll Proceed

232468.58

Mortgage Interest Proceed

0.00

Rent Proceed

22170.00

Refinance EIDL Proceed

0.00

Health Care Proceed

28816.32

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

293480.20

Forgiveness Date

05/06/2021

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