PPP Loan information for Heartland electronics & cable assembly, inc.

$190,972

Heartland electronics & cable assembly, inc. was initially approved for PPP Loan of amount $190,972, the current approved amount is $190,972. The loan was approved on 04/07/2020 by The Merit Bank reported 26 jobs and $190,972 was used to fund payroll.

Heartland electronics & cable assembly, inc. is Existing or more than 2 years old

PPP Loan Search / AL / TONEY / Heartland electronics & cable assembly, inc.

HEARTLAND ELECTRONICS & CABLE ASSEMBLY, INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

HEARTLAND ELECTRONICS & CABLE ASSEMBLY, INC.

Borrower Address

1131 MOUNT LEBANON RD

Borrower City

TONEY

Borrower State

AL

Borrower Zip

35773-7531

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190972.00

Current Approval Amount

190972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3332

Servicing Lender Name

Merit Bank

Servicing Lender Address

659 Gallatin St SW

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35801-4914

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TONEY

Project County Name

MADISON

Project State

AL

Project Zip

35773-7531

CD

AL-05

Jobs Reported

26

NAICS Code

334417

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

190972.00

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

3332

Originating Lender

Merit Bank

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

193603.17

Forgiveness Date

08/27/2021

;