PPP Loan information for Hydra-power systems inc.

$1,766,918

Hydra-power systems inc. was initially approved for PPP Loan of amount $1,766,918, the current approved amount is $1,766,918. The loan was approved on 03/23/2021 by The Bank of America, National Association reported 92 jobs and $1,766,918 was used to fund payroll.

Hydra-power systems inc. is Existing or more than 2 years old

HYDRA-POWER SYSTEMS INC.

Date Approved

03/23/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

HYDRA-POWER SYSTEMS INC.

Borrower Address

5445 NE 122nd Ave

Borrower City

Portland

Borrower State

OR

Borrower Zip

97230-1092

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1766918.00

Current Approval Amount

1766918.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97230-1092

CD

OR-03

Jobs Reported

92

NAICS Code

333120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1766913.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1778294.05

Forgiveness Date

11/17/2021

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