PPP Loan information for Hiawatha homes inc

$600,000

Hiawatha homes inc was initially approved for PPP Loan of amount $1,500,000, the current approved amount is $600,000. The loan was approved on 04/07/2020 by The Home Federal Savings Bank reported 285 jobs and $600,000 was used to fund payroll.

Hiawatha homes inc is Existing or more than 2 years old

HIAWATHA HOMES INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HIAWATHA HOMES INC

Borrower Address

1820 Valkyrie Dr NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-2441

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1500000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-2441

CD

MN-01

Jobs Reported

285

NAICS Code

925110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

600000.00

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

Non-Profit Organization

Originating Lender Location Id

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

603383.33

Forgiveness Date

11/03/2020

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