PPP Loan information for Hobby wheel inc.

$38,960

Hobby wheel inc. was initially approved for PPP Loan of amount $38,960, the current approved amount is $38,960. The loan was approved on 03/03/2021 by The Gogebic Range Bank reported 18 jobs and $38,960 was used to fund payroll.

Hobby wheel inc. is Existing or more than 2 years old

PPP Loan Search / MI / Ironwood / Hobby wheel inc.

HOBBY WHEEL INC.

Date Approved

03/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

HOBBY WHEEL INC.

Borrower Address

1435 E Cloverland Dr

Borrower City

Ironwood

Borrower State

MI

Borrower Zip

49938-1719

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38960.00

Current Approval Amount

38960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262597

Servicing Lender Name

Gogebic Range Bank

Servicing Lender Address

155 E Cloverland Dr

Servicing Lender City

IRONWOOD

Servicing Lender State

MI

Servicing Lender Zip

49938-1227

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ironwood

Project County Name

GOGEBIC

Project State

MI

Project Zip

49938-1719

CD

MI-01

Jobs Reported

18

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

38957.00

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

262597

Originating Lender

Gogebic Range Bank

Originating Lender City

IRONWOOD

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39114.77

Forgiveness Date

08/03/2021

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