PPP Loan information for Hoover & wells, inc.

$2,503,500

Hoover & wells, inc. was initially approved for PPP Loan of amount $2,503,500, the current approved amount is $2,503,500. The loan was approved on 04/10/2020 by The Signature Bank, National Association reported 205 jobs and $2,503,500 was used to fund payroll.

Hoover & wells, inc. is Existing or more than 2 years old

HOOVER & WELLS, INC.

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

HOOVER & WELLS, INC.

Borrower Address

2011 SEAMAN ST

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43605-1908

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2503500.00

Current Approval Amount

2503500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43605-1908

CD

OH-09

Jobs Reported

205

NAICS Code

238330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2002880.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

500620.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2531209.97

Forgiveness Date

05/27/2021

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