PPP Loan information for Horsepower electric & maintenance corp.

$4,402,800

Horsepower electric & maintenance corp. was initially approved for PPP Loan of amount $3,656,900, the current approved amount is $4,402,800. The loan was approved on 04/10/2020 by The BankUnited, National Association reported 190 jobs and $4,402,800 was used to fund payroll.

Horsepower electric & maintenance corp. is New Business or 2 years or less

PPP Loan Search / NY / BROOKLYN / Horsepower electric & maintenance corp.

HORSEPOWER ELECTRIC & MAINTENANCE CORP.

Date Approved

04/10/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

HORSEPOWER ELECTRIC & MAINTENANCE CORP.

Borrower Address

4101 1ST AVE

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11232-3329

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3656900.00

Current Approval Amount

4402800.00

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

New Business or 2 years or less

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11232-3329

CD

NY-10

Jobs Reported

190

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4402800.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4465906.80

Forgiveness Date

09/21/2021

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