PPP Loan information for Hi-pro industries, inc.

$226,952

Hi-pro industries, inc. was initially approved for PPP Loan of amount $156,068, the current approved amount is $226,952. The loan was approved on 04/14/2020 by The Valley National Bank reported 17 jobs and $226,952 was used to fund payroll.

Hi-pro industries, inc. is Existing or more than 2 years old

HI-PRO INDUSTRIES, INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HI-PRO INDUSTRIES, INC.

Borrower Address

11-D Empire Blvd

Borrower City

SOUTH HACKENSACK

Borrower State

NJ

Borrower Zip

07606

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156068.00

Current Approval Amount

226952.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH HACKENSACK

Project County Name

BERGEN

Project State

NJ

Project Zip

07606-0101

CD

NJ-09

Jobs Reported

17

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

226952.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

229032.39

Forgiveness Date

03/18/2021

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