PPP Loan information for Hoglund bus co., inc

$1,071,985

Hoglund bus co., inc was initially approved for PPP Loan of amount $961,934, the current approved amount is $1,071,985. The loan was approved on 04/10/2020 by The SouthPoint Financial CU reported 80 jobs and $1,071,985 was used to fund payroll.

Hoglund bus co., inc is Existing or more than 2 years old

HOGLUND BUS CO., INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOGLUND BUS CO., INC

Borrower Address

116 East OAKWOOD DR

Borrower City

MONTICELLO

Borrower State

MN

Borrower Zip

55362-8924

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

961934.00

Current Approval Amount

1071984.73

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99853

Servicing Lender Name

SouthPoint Financial CU

Servicing Lender Address

924 Main St, East

Servicing Lender City

SLEEPY EYE

Servicing Lender State

MN

Servicing Lender Zip

56085-4380

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

WRIGHT

Project State

MN

Project Zip

55362-8924

CD

MN-06

Jobs Reported

80

NAICS Code

485113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1071984.73

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

Subchapter S Corporation

Originating Lender Location Id

99853

Originating Lender

SouthPoint Financial CU

Originating Lender City

SLEEPY EYE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1083908.72

Forgiveness Date

05/26/2021

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