PPP Loan information for Hotsy equipment company

$606,100

Hotsy equipment company was initially approved for PPP Loan of amount $606,100, the current approved amount is $606,100. The loan was approved on 04/10/2020 by The Truist Bank reported 46 jobs and $606,100 was used to fund payroll.

Hotsy equipment company is Existing or more than 2 years old

HOTSY EQUIPMENT COMPANY

Date Approved

04/10/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

HOTSY EQUIPMENT COMPANY

Borrower Address

2045 WILSON ST

Borrower City

DUNBAR

Borrower State

WV

Borrower Zip

25064-2004

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

606100.00

Current Approval Amount

606100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DUNBAR

Project County Name

KANAWHA

Project State

WV

Project Zip

25064-2004

CD

WV-01

Jobs Reported

46

NAICS Code

444210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

606100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

614231.84

Forgiveness Date

08/18/2021

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