PPP Loan information for Horizon resources

$1,964,000

Horizon resources was initially approved for PPP Loan of amount $1,964,000, the current approved amount is $1,964,000. The loan was approved on 04/03/2020 by The American State Bank & Trust Company of Williston reported 152 jobs and $1,964,000 was used to fund payroll.

Horizon resources is Existing or more than 2 years old

HORIZON RESOURCES

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

HORIZON RESOURCES

Borrower Address

317 2nd STREET W

Borrower City

WILLISTON

Borrower State

ND

Borrower Zip

58801-5217

Loan Status Date

04/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1964000.00

Current Approval Amount

1964000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52987

Servicing Lender Name

American State Bank & Trust Company of Williston

Servicing Lender Address

223 Main St

Servicing Lender City

WILLISTON

Servicing Lender State

ND

Servicing Lender Zip

58801-6020

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLISTON

Project County Name

WILLIAMS

Project State

ND

Project Zip

58801-5217

CD

ND-

Jobs Reported

152

NAICS Code

926140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1964000.00

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

Cooperative

Originating Lender Location Id

52987

Originating Lender

American State Bank & Trust Company of Williston

Originating Lender City

WILLISTON

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1979984.78

Forgiveness Date

02/10/2021

;