PPP Loan information for Hugo brothers pallet manufacturing inc.

$72,692

Hugo brothers pallet manufacturing inc. was initially approved for PPP Loan of amount $72,692, the current approved amount is $72,692. The loan was approved on 04/27/2020 by The Thumb Bank & Trust reported 14 jobs and $72,692 was used to fund payroll.

Hugo brothers pallet manufacturing inc. is Existing or more than 2 years old

HUGO BROTHERS PALLET MANUFACTURING INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HUGO BROTHERS PALLET MANUFACTURING INC.

Borrower Address

2474 E RIVER RD

Borrower City

KAWKAWLIN

Borrower State

MI

Borrower Zip

48631-9409

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72692.17

Current Approval Amount

72692.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KAWKAWLIN

Project County Name

BAY

Project State

MI

Project Zip

48631-9409

CD

MI-08

Jobs Reported

14

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

63692.17

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73251.80

Forgiveness Date

02/03/2021

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