PPP Loan information for Hertco, inc.

$581,200

Hertco, inc. was initially approved for PPP Loan of amount $581,200, the current approved amount is $581,200. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 45 jobs and $581,200 was used to fund payroll.

Hertco, inc. is Existing or more than 2 years old

PPP Loan Search / DE / Dover / Hertco, inc.

HERTCO, INC.

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

HERTCO, INC.

Borrower Address

1378 South Dupont Highway

Borrower City

Dover

Borrower State

DE

Borrower Zip

19901

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

581200.00

Current Approval Amount

581200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dover

Project County Name

KENT

Project State

DE

Project Zip

19901-1200

CD

DE-

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8100.00

Payroll Proceed

436953.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29000.00

Debt Interest Proceed

67147

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

586629.84

Forgiveness Date

03/31/2021

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