Date Approved
04/04/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
HYDRONIC ENERGY INC
Borrower Address
3307 104TH ST
Borrower City
URBANDALE
Borrower State
IA
Borrower Zip
50322-3821
Loan Status Date
04/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
214900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24904
Servicing Lender Name
Iowa State Bank
Servicing Lender Address
627 E Locust St
Servicing Lender City
DES MOINES
Servicing Lender State
Servicing Lender Zip
50309-1913
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
14
NAICS Code
423720
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
216848.82
Forgiveness Date
03/11/2021