PPP Loan information for Hoover penrod plc

$351,402

Hoover penrod plc was initially approved for PPP Loan of amount $351,402, the current approved amount is $351,402. The loan was approved on 04/29/2020 by The Farmers & Merchants Bank reported 16 jobs and $351,402 was used to fund payroll.

Hoover penrod plc is Existing or more than 2 years old

PPP Loan Search / VA / HARRISONBURG / Hoover penrod plc

HOOVER PENROD PLC

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HOOVER PENROD PLC

Borrower Address

342 S MAIN ST

Borrower City

HARRISONBURG

Borrower State

VA

Borrower Zip

22801-3628

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

351402.00

Current Approval Amount

351402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARRISONBURG

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22801-3628

CD

VA-06

Jobs Reported

16

NAICS Code

541110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

351402.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

353334.71

Forgiveness Date

11/23/2020

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