PPP Loan information for Herman construction

$287,500

Herman construction was initially approved for PPP Loan of amount $287,500, the current approved amount is $287,500. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 10 jobs and $287,500 was used to fund payroll.

Herman construction is Existing or more than 2 years old

HERMAN CONSTRUCTION

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

HERMAN CONSTRUCTION

Borrower Address

408 Hallowell ave

Borrower City

Horsham

Borrower State

PA

Borrower Zip

19044

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

287500.00

Current Approval Amount

287500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Horsham

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19044-0001

CD

PA-04

Jobs Reported

10

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

287500.00

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

Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220661.48

Forgiveness Date

05/26/2022

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