PPP Loan information for Hbw industries inc

$547,342

Hbw industries inc was initially approved for PPP Loan of amount $547,342, the current approved amount is $547,342. The loan was approved on 01/23/2021 by The Alabama Teachers CU reported 52 jobs and $547,342 was used to fund payroll.

Hbw industries inc is Existing or more than 2 years old

PPP Loan Search / AL / Gadsden / Hbw industries inc

HBW INDUSTRIES INC

Date Approved

01/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

HBW INDUSTRIES INC

Borrower Address

2875 Alford Bend Rd

Borrower City

Gadsden

Borrower State

AL

Borrower Zip

35903-4682

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

547341.75

Current Approval Amount

547341.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90919

Servicing Lender Name

Alabama Teachers CU

Servicing Lender Address

702 Walnut St

Servicing Lender City

GADSDEN

Servicing Lender State

AL

Servicing Lender Zip

35901-4139

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gadsden

Project County Name

ETOWAH

Project State

AL

Project Zip

35903-4682

CD

AL-04

Jobs Reported

52

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

547338.75

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

Subchapter S Corporation

Originating Lender Location Id

90919

Originating Lender

Alabama Teachers CU

Originating Lender City

GADSDEN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

552590.23

Forgiveness Date

01/19/2022

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