PPP Loan information for Hermes abrasives, ltd

$2,178,200

Hermes abrasives, ltd was initially approved for PPP Loan of amount $2,178,200, the current approved amount is $2,178,200. The loan was approved on 04/28/2020 by The Legacy Bank reported 150 jobs and $2,178,200 was used to fund payroll.

Hermes abrasives, ltd is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Hermes abrasives, ltd

HERMES ABRASIVES, LTD

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HERMES ABRASIVES, LTD

Borrower Address

524 Viking Dr

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23452-7316

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2178200.00

Current Approval Amount

2178200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23452-7316

CD

VA-02

Jobs Reported

150

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2178200.00

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

Partnership

Originating Lender Location Id

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2207363.68

Forgiveness Date

08/31/2021

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