PPP Loan information for Horsepower holdings, llc

$53,700

Horsepower holdings, llc was initially approved for PPP Loan of amount $53,700, the current approved amount is $53,700. The loan was approved on 04/10/2020 by The First State Bank and Trust reported 14 jobs and $53,700 was used to fund payroll.

Horsepower holdings, llc is Existing or more than 2 years old

HORSEPOWER HOLDINGS, LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HORSEPOWER HOLDINGS, LLC

Borrower Address

5525 141st St. N.

Borrower City

HUGO

Borrower State

MN

Borrower Zip

55038-8429

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53700.00

Current Approval Amount

53700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36629

Servicing Lender Name

First State Bank and Trust

Servicing Lender Address

950 N Hwy 95

Servicing Lender City

BAYPORT

Servicing Lender State

MN

Servicing Lender Zip

55003-1014

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUGO

Project County Name

WASHINGTON

Project State

MN

Project Zip

55038-8429

CD

MN-08

Jobs Reported

14

NAICS Code

423910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

200.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

3500.00

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

36629

Originating Lender

First State Bank and Trust

Originating Lender City

BAYPORT

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54093.80

Forgiveness Date

01/07/2021

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