PPP Loan information for Hillsboro equipment, inc.

$519,200

Hillsboro equipment, inc. was initially approved for PPP Loan of amount $519,200, the current approved amount is $519,200. The loan was approved on 04/07/2020 by The Royal Bank reported 42 jobs and $519,200 was used to fund payroll.

Hillsboro equipment, inc. is Existing or more than 2 years old

HILLSBORO EQUIPMENT, INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

HILLSBORO EQUIPMENT, INC.

Borrower Address

E18898 State Rd 33

Borrower City

HILLSBORO

Borrower State

WI

Borrower Zip

54634-9999

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519200.00

Current Approval Amount

519200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75799

Servicing Lender Name

Royal Bank

Servicing Lender Address

202 Main St

Servicing Lender City

ELROY

Servicing Lender State

WI

Servicing Lender Zip

53929-1252

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILLSBORO

Project County Name

VERNON

Project State

WI

Project Zip

54634-9999

CD

WI-03

Jobs Reported

42

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

431200.00

Mortgage Interest Proceed

0.00

Rent Proceed

78000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

75799

Originating Lender

Royal Bank

Originating Lender City

ELROY

Originating Lender State

WI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

523310.33

Forgiveness Date

01/28/2021

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