PPP Loan information for Hernco fabrication & services inc.

$306,100

Hernco fabrication & services inc. was initially approved for PPP Loan of amount $306,100, the current approved amount is $306,100. The loan was approved on 03/24/2021 by The Frost Bank reported 32 jobs and $306,100 was used to fund payroll.

Hernco fabrication & services inc. is Existing or more than 2 years old

HERNCO FABRICATION & SERVICES INC.

Date Approved

03/24/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

HERNCO FABRICATION & SERVICES INC.

Borrower Address

2131 Commerce Dr

Borrower City

Midland

Borrower State

TX

Borrower Zip

79703-7504

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306100.00

Current Approval Amount

306100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79703-7504

CD

TX-11

Jobs Reported

32

NAICS Code

336120

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

306098.00

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

Subchapter S Corporation

Originating Lender Location Id

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

307735.33

Forgiveness Date

10/13/2021

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