PPP Loan information for Hoffman, inc.

$1,174,950

Hoffman, inc. was initially approved for PPP Loan of amount $1,174,950, the current approved amount is $1,174,950. The loan was approved on 04/06/2020 by The MidWestOne Bank reported 68 jobs and $1,174,950 was used to fund payroll.

Hoffman, inc. is Existing or more than 2 years old

HOFFMAN, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

HOFFMAN, INC.

Borrower Address

6011 49th Street S

Borrower City

MUSCATINE

Borrower State

IA

Borrower Zip

52761-1153

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1174950.00

Current Approval Amount

1174950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCATINE

Project County Name

MUSCATINE

Project State

IA

Project Zip

52761-1153

CD

IA-01

Jobs Reported

68

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

117495.00

Payroll Proceed

939960.00

Mortgage Interest Proceed

117495.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1181542.77

Forgiveness Date

11/03/2020

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