PPP Loan information for Hobbie heat & power inc.

$87,500

Hobbie heat & power inc. was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/11/2020 by The Bank of America, National Association reported 6 jobs and $87,500 was used to fund payroll.

Hobbie heat & power inc. is Existing or more than 2 years old

HOBBIE HEAT & POWER INC.

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HOBBIE HEAT & POWER INC.

Borrower Address

104 PARKER RD

Borrower City

CHESTER

Borrower State

NJ

Borrower Zip

07930-3202

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTER

Project County Name

MORRIS

Project State

NJ

Project Zip

07930-3202

CD

NJ-07

Jobs Reported

6

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87500.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88159.25

Forgiveness Date

01/25/2021

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