PPP Loan information for Horwitz inc

$10,000,000

Horwitz inc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/07/2020 by The Tradition Capital Bank reported 454 jobs and $10,000,000 was used to fund payroll.

Horwitz inc is Existing or more than 2 years old

HORWITZ INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HORWITZ INC

Borrower Address

7400 49TH AVE

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55428-4258

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434701

Servicing Lender Name

Tradition Capital Bank

Servicing Lender Address

100 West Lake St

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55428-4258

CD

MN-05

Jobs Reported

454

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

500000.00

Payroll Proceed

7500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434701

Originating Lender

Tradition Capital Bank

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10116712.33

Forgiveness Date

06/11/2021

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