PPP Loan information for Hovater's metal works, inc.

$48,856

Hovater's metal works, inc. was initially approved for PPP Loan of amount $48,856, the current approved amount is $48,856. The loan was approved on 04/09/2020 by The Bank Independent reported 8 jobs and $48,856 was used to fund payroll.

Hovater's metal works, inc. is Existing or more than 2 years old

HOVATER'S METAL WORKS, INC.

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

HOVATER'S METAL WORKS, INC.

Borrower Address

5525 WATERLOO RD

Borrower City

RUSSELLVILLE

Borrower State

AL

Borrower Zip

35653-6232

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48855.62

Current Approval Amount

48855.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSSELLVILLE

Project County Name

FRANKLIN

Project State

AL

Project Zip

35653-6232

CD

AL-04

Jobs Reported

8

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48855.62

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49196.25

Forgiveness Date

12/28/2020

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