PPP Loan information for Horsepower electric inc

$654,200

Horsepower electric inc was initially approved for PPP Loan of amount $654,200, the current approved amount is $654,200. The loan was approved on 04/05/2020 by The City National Bank of Florida reported 62 jobs and $654,200 was used to fund payroll.

Horsepower electric inc is Existing or more than 2 years old

HORSEPOWER ELECTRIC INC

Date Approved

04/05/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

HORSEPOWER ELECTRIC INC

Borrower Address

8105 W 20 AVE

Borrower City

HIALEAH

Borrower State

FL

Borrower Zip

33014-3231

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

654200.00

Current Approval Amount

654200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIALEAH

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33014-3231

CD

FL-26

Jobs Reported

62

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

163550.00

Payroll Proceed

490650.00

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

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

659702.45

Forgiveness Date

02/19/2021

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