PPP Loan information for Hivolts electrical inc

$1,400,000

Hivolts electrical inc was initially approved for PPP Loan of amount $1,400,000, the current approved amount is $1,400,000. The loan was approved on 04/28/2020 by The Santander Bank, National Association reported 150 jobs and $1,400,000 was used to fund payroll.

Hivolts electrical inc is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Hivolts electrical inc

HIVOLTS ELECTRICAL INC

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

HIVOLTS ELECTRICAL INC

Borrower Address

185 Spencer Street

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11205

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1400000.00

Current Approval Amount

1400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11205-0001

CD

NY-07

Jobs Reported

150

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1400000.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1415726.03

Forgiveness Date

06/15/2021

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