PPP Loan information for Hood equipment inc

$307,685

Hood equipment inc was initially approved for PPP Loan of amount $307,685, the current approved amount is $307,685. The loan was approved on 03/16/2021 by The Security State Bank reported 26 jobs and $307,685 was used to fund payroll.

Hood equipment inc is Existing or more than 2 years old

HOOD EQUIPMENT INC

Date Approved

03/16/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

HOOD EQUIPMENT INC

Borrower Address

68925 Range Line Rd

Borrower City

Iron River

Borrower State

WI

Borrower Zip

54847-4676

Loan Status Date

04/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

307685.00

Current Approval Amount

307685.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76681

Servicing Lender Name

Security State Bank

Servicing Lender Address

7865 US Hwy 2

Servicing Lender City

IRON RIVER

Servicing Lender State

WI

Servicing Lender Zip

54847-3437

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Iron River

Project County Name

BAYFIELD

Project State

WI

Project Zip

54847-4676

CD

WI-07

Jobs Reported

26

NAICS Code

333318

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

307685.00

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

76681

Originating Lender

Security State Bank

Originating Lender City

IRON RIVER

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309984.09

Forgiveness Date

12/20/2021

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