PPP Loan information for Water heaters now inc.

$80,000

Water heaters now inc. was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 04/06/2020 by The The State Bank of Faribault reported 7 jobs and $80,000 was used to fund payroll.

Water heaters now inc. is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / Water heaters now inc.

WATER HEATERS NOW INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WATER HEATERS NOW INC.

Borrower Address

23310 Canby Ave

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-8457

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-8457

CD

MN-01

Jobs Reported

7

NAICS Code

423720

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80000.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

80926.67

Forgiveness Date

06/02/2021

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