PPP Loan information for Horsepower electric and maintenance corp

$2,000,000

Horsepower electric and maintenance corp was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/12/2021 by The BankUnited, National Association reported 155 jobs and $2,000,000 was used to fund payroll.

Horsepower electric and maintenance corp is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Horsepower electric and maintenance corp

HORSEPOWER ELECTRIC AND MAINTENANCE CORP

Date Approved

03/12/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

HORSEPOWER ELECTRIC AND MAINTENANCE CORP

Borrower Address

4101 1st Ave

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11232-3329

Loan Status Date

10/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464999

Servicing Lender Name

BankUnited, National Association

Servicing Lender Address

14817 Oak Lane

Servicing Lender City

MIAMI LAKES

Servicing Lender State

FL

Servicing Lender Zip

33016-1517

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11232-3329

CD

NY-10

Jobs Reported

155

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

464999

Originating Lender

BankUnited, National Association

Originating Lender City

MIAMI LAKES

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2029666.67

Forgiveness Date

09/01/2022

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