PPP Loan information for Hope products, llc

$70,200

Hope products, llc was initially approved for PPP Loan of amount $70,200, the current approved amount is $70,200. The loan was approved on 04/03/2020 by The MidWestOne Bank reported 6 jobs and $70,200 was used to fund payroll.

Hope products, llc is Existing or more than 2 years old

HOPE PRODUCTS, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOPE PRODUCTS, LLC

Borrower Address

2500 Shadywood Road

Borrower City

EXCELSIOR

Borrower State

MN

Borrower Zip

55331-6201

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70200.00

Current Approval Amount

70200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EXCELSIOR

Project County Name

HENNEPIN

Project State

MN

Project Zip

55331-6201

CD

MN-03

Jobs Reported

6

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4387.50

Payroll Proceed

52650.00

Mortgage Interest Proceed

4387.50

Rent Proceed

4387.50

Refinance EIDL Proceed

0.00

Health Care Proceed

4387.50

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

70728.45

Forgiveness Date

01/07/2021

;