Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
HP ELECTRIC MOTOR INC.
Borrower Address
2104 Cypress St.
Borrower City
PORT HURON
Borrower State
MI
Borrower Zip
48060
Loan Status Date
01/11/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
13297.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98847
Servicing Lender Name
Dort Financial CU
Servicing Lender Address
9048 Holly Rd
Servicing Lender City
GRAND BLANC
Servicing Lender State
Servicing Lender Zip
48439-8336
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SAINT CLAIR
Project State
Project Zip
48060-0899
CD
MI-09
Jobs Reported
3
NAICS Code
811310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
13514.18
Forgiveness Date
12/09/2021