PPP Loan information for Hobbs equipment, inc.

$71,400

Hobbs equipment, inc. was initially approved for PPP Loan of amount $71,400, the current approved amount is $71,400. The loan was approved on 04/15/2020 by The Busey Bank reported 5 jobs and $71,400 was used to fund payroll.

Hobbs equipment, inc. is Unanswered

HOBBS EQUIPMENT, INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

HOBBS EQUIPMENT, INC.

Borrower Address

12 West Main St

Borrower City

NEW PALESTINE

Borrower State

IN

Borrower Zip

46163

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71400.00

Current Approval Amount

71400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

NEW PALESTINE

Project County Name

HANCOCK

Project State

IN

Project Zip

46163-8755

CD

IN-06

Jobs Reported

5

NAICS Code

532310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53550.00

Mortgage Interest Proceed

0.00

Rent Proceed

17850.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72117.91

Forgiveness Date

04/21/2021

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