PPP Loan information for Heorot power management llc

$2,000,000

Heorot power management llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/12/2021 by The Bank of America, National Association reported 237 jobs and $2,000,000 was used to fund payroll.

Heorot power management llc is Existing or more than 2 years old

HEOROT POWER MANAGEMENT LLC

Date Approved

02/12/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

HEOROT POWER MANAGEMENT LLC

Borrower Address

9 Federal St

Borrower City

Easton

Borrower State

MD

Borrower Zip

21601-2705

Loan Status Date

12/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Easton

Project County Name

TALBOT

Project State

MD

Project Zip

21601-2705

CD

MD-01

Jobs Reported

237

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999999.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2034520.55

Forgiveness Date

11/09/2022

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