PPP Loan information for Hoover foods inc

$2,207,750

Hoover foods inc was initially approved for PPP Loan of amount $2,207,750, the current approved amount is $2,207,750. The loan was approved on 04/08/2020 by The First Horizon Bank reported 500 jobs and $2,207,750 was used to fund payroll.

Hoover foods inc is Existing or more than 2 years old

PPP Loan Search / GA / SUWANEE / Hoover foods inc

HOOVER FOODS INC

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

HOOVER FOODS INC

Borrower Address

4030 JOHNS CREEK PKWY

Borrower City

SUWANEE

Borrower State

GA

Borrower Zip

30024-1254

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2207750.00

Current Approval Amount

2207750.00

Undisbursed Amount

0.00

Franchise Name

Wendy's

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUWANEE

Project County Name

FORSYTH

Project State

GA

Project Zip

30024-1254

CD

GA-06

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

91550.00

Payroll Proceed

1766200.00

Mortgage Interest Proceed

0.00

Rent Proceed

350000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2237983.91

Forgiveness Date

09/07/2021

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