PPP Loan information for Hoffmans power equipment inc.

$106,600

Hoffmans power equipment inc. was initially approved for PPP Loan of amount $106,600, the current approved amount is $106,600. The loan was approved on 04/07/2020 by The Isabella Bank reported 15 jobs and $106,600 was used to fund payroll.

Hoffmans power equipment inc. is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / Hoffmans power equipment inc.

HOFFMANS POWER EQUIPMENT INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HOFFMANS POWER EQUIPMENT INC.

Borrower Address

3139 Enterprise Dr.

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48603-2311

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106600.00

Current Approval Amount

106600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48603-2311

CD

MI-08

Jobs Reported

15

NAICS Code

444210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90000.00

Mortgage Interest Proceed

0.00

Rent Proceed

16600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

107482.01

Forgiveness Date

02/16/2021

;