PPP Loan information for Hbp inc

$2,000,000

Hbp inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The Middletown Valley Bank reported 115 jobs and $2,000,000 was used to fund payroll.

Hbp inc is Existing or more than 2 years old

HBP INC

Date Approved

01/23/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

HBP INC

Borrower Address

952 Frederick St

Borrower City

Hagerstown

Borrower State

MD

Borrower Zip

21740-6821

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30754

Servicing Lender Name

Middletown Valley Bank

Servicing Lender Address

24 W Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

MD

Servicing Lender Zip

21769-8005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hagerstown

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-6821

CD

MD-06

Jobs Reported

115

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

30754

Originating Lender

Middletown Valley Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2020777.78

Forgiveness Date

02/11/2022

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