PPP Loan information for Hydraulic cylinders inc.

$59,000

Hydraulic cylinders inc. was initially approved for PPP Loan of amount $59,000, the current approved amount is $59,000. The loan was approved on 04/07/2020 by The BankCherokee reported 3 jobs and $59,000 was used to fund payroll.

Hydraulic cylinders inc. is Existing or more than 2 years old

PPP Loan Search / MN / ISANTI / Hydraulic cylinders inc.

HYDRAULIC CYLINDERS INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HYDRAULIC CYLINDERS INC.

Borrower Address

680 DUAL BLVD

Borrower City

ISANTI

Borrower State

MN

Borrower Zip

55040-7148

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59000.00

Current Approval Amount

59000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38841

Servicing Lender Name

BankCherokee

Servicing Lender Address

607 S Smith Ave

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-2617

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ISANTI

Project County Name

ISANTI

Project State

MN

Project Zip

55040-7148

CD

MN-08

Jobs Reported

3

NAICS Code

333995

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59000.00

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

Subchapter S Corporation

Originating Lender Location Id

38841

Originating Lender

BankCherokee

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59512.97

Forgiveness Date

02/23/2021

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