PPP Loan information for Horn's automotive engineering, inc.

$30,700

Horn's automotive engineering, inc. was initially approved for PPP Loan of amount $30,700, the current approved amount is $30,700. The loan was approved on 04/27/2020 by The Farmers State Bank reported 5 jobs and $30,700 was used to fund payroll.

Horn's automotive engineering, inc. is Existing or more than 2 years old

HORN'S AUTOMOTIVE ENGINEERING, INC.

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

HORN'S AUTOMOTIVE ENGINEERING, INC.

Borrower Address

850 50TH ST

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-3851

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30700.00

Current Approval Amount

30700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-3851

CD

IA-02

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

3070.00

Payroll Proceed

27630.00

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

Subchapter S Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

31010.41

Forgiveness Date

05/04/2021

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