PPP Loan information for Horizontal machining and manufacturing, inc.

$756,200

Horizontal machining and manufacturing, inc. was initially approved for PPP Loan of amount $756,200, the current approved amount is $756,200. The loan was approved on 04/07/2020 by The Dacotah Bank reported 66 jobs and $756,200 was used to fund payroll.

Horizontal machining and manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / SD / HURON / Horizontal machining and manufacturing, inc.

HORIZONTAL MACHINING AND MANUFACTURING, INC.

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

HORIZONTAL MACHINING AND MANUFACTURING, INC.

Borrower Address

640 ARIZONA AVE NW

Borrower City

HURON

Borrower State

SD

Borrower Zip

57350-2215

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

756200.00

Current Approval Amount

756200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HURON

Project County Name

BEADLE

Project State

SD

Project Zip

57350-2215

CD

SD-

Jobs Reported

66

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

189100.00

Payroll Proceed

567100.00

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

Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

761598.43

Forgiveness Date

12/31/2020

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