PPP Loan information for Hydro technology, inc.

$634,013

Hydro technology, inc. was initially approved for PPP Loan of amount $634,013, the current approved amount is $634,013. The loan was approved on 04/13/2020 by The Fifth Third Bank reported 55 jobs and $634,013 was used to fund payroll.

Hydro technology, inc. is Existing or more than 2 years old

HYDRO TECHNOLOGY, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HYDRO TECHNOLOGY, INC.

Borrower Address

13750 S CUSTER ROAD

Borrower City

DUNDEE

Borrower State

MI

Borrower Zip

48131-9789

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

634012.50

Current Approval Amount

634012.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUNDEE

Project County Name

MONROE

Project State

MI

Project Zip

48131-9789

CD

MI-05

Jobs Reported

55

NAICS Code

561790

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

634012.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

638591.48

Forgiveness Date

01/07/2021

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