PPP Loan information for Hills stainless steel and equipment company

$288,250

Hills stainless steel and equipment company was initially approved for PPP Loan of amount $288,250, the current approved amount is $288,250. The loan was approved on 01/25/2021 by The Security Savings Bank reported 28 jobs and $288,250 was used to fund payroll.

Hills stainless steel and equipment company is Existing or more than 2 years old

HILLS STAINLESS STEEL AND EQUIPMENT COMPANY

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

HILLS STAINLESS STEEL AND EQUIPMENT COMPANY

Borrower Address

505 W Koehn Ave

Borrower City

Luverne

Borrower State

MN

Borrower Zip

56156-2263

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

288250.00

Current Approval Amount

288250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25170

Servicing Lender Name

Security Savings Bank

Servicing Lender Address

100 S West St

Servicing Lender City

CANTON

Servicing Lender State

SD

Servicing Lender Zip

57013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Luverne

Project County Name

ROCK

Project State

MN

Project Zip

56156-2263

CD

MN-01

Jobs Reported

28

NAICS Code

332420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

288250.00

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

25170

Originating Lender

Security Savings Bank

Originating Lender City

CANTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

289411.01

Forgiveness Date

06/23/2021

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