PPP Loan information for Herco llc

$165,397

Herco llc was initially approved for PPP Loan of amount $165,397, the current approved amount is $165,397. The loan was approved on 04/28/2020 by The Oxford Bank reported 12 jobs and $165,397 was used to fund payroll.

Herco llc is Existing or more than 2 years old

HERCO LLC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HERCO LLC

Borrower Address

1557 HAMLIN RD

Borrower City

ROCHESTER HILLS

Borrower State

MI

Borrower Zip

48309-3353

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165397.25

Current Approval Amount

165397.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-3353

CD

MI-10

Jobs Reported

12

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165397.25

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

Limited Liability Company(LLC)

Originating Lender Location Id

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167198.24

Forgiveness Date

06/03/2021

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