PPP Loan information for Hotsy equipment company

$127,000

Hotsy equipment company was initially approved for PPP Loan of amount $127,000, the current approved amount is $127,000. The loan was approved on 04/03/2020 by The Northwest Bank reported 11 jobs and $127,000 was used to fund payroll.

Hotsy equipment company is Existing or more than 2 years old

PPP Loan Search / IA / HUMBOLDT / Hotsy equipment company

HOTSY EQUIPMENT COMPANY

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HOTSY EQUIPMENT COMPANY

Borrower Address

706 13th Street North

Borrower City

HUMBOLDT

Borrower State

IA

Borrower Zip

50548-1122

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127000.00

Current Approval Amount

127000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUMBOLDT

Project County Name

HUMBOLDT

Project State

IA

Project Zip

50548-1122

CD

IA-04

Jobs Reported

11

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

127000.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

127726.72

Forgiveness Date

11/03/2020

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