PPP Loan information for Hot melt technologies, inc.

$788,540

Hot melt technologies, inc. was initially approved for PPP Loan of amount $793,900, the current approved amount is $788,540. The loan was approved on 04/11/2020 by The The Huntington National Bank reported 42 jobs and $788,540 was used to fund payroll.

Hot melt technologies, inc. is Existing or more than 2 years old

HOT MELT TECHNOLOGIES, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HOT MELT TECHNOLOGIES, INC.

Borrower Address

1723 W. Hamlin Rd.

Borrower City

ROCHESTER

Borrower State

MI

Borrower Zip

48309-3368

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

793900.00

Current Approval Amount

788540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-3368

CD

MI-10

Jobs Reported

42

NAICS Code

423830

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

788540.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

799428.33

Forgiveness Date

09/20/2021

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