PPP Loan information for Herson's, inc

$1,479,770

Herson's, inc was initially approved for PPP Loan of amount $1,479,770, the current approved amount is $1,479,770. The loan was approved on 04/07/2020 by The Truist Bank reported 122 jobs and $1,479,770 was used to fund payroll.

Herson's, inc is Existing or more than 2 years old

HERSON'S, INC

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

HERSON'S, INC

Borrower Address

15525 FREDERICK RD

Borrower City

DERWOOD

Borrower State

MD

Borrower Zip

20855-2110

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1479770.00

Current Approval Amount

1479770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DERWOOD

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20855-2110

CD

MD-08

Jobs Reported

122

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1479770.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1491443.74

Forgiveness Date

02/01/2021

;