PPP Loan information for Horsepower technologies inc

$74,479

Horsepower technologies inc was initially approved for PPP Loan of amount $74,479, the current approved amount is $74,479. The loan was approved on 01/21/2021 by The Cambridge Trust Company reported 3 jobs and $74,479 was used to fund payroll.

Horsepower technologies inc is Existing or more than 2 years old

PPP Loan Search / MA / Lowell / Horsepower technologies inc

HORSEPOWER TECHNOLOGIES INC

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

HORSEPOWER TECHNOLOGIES INC

Borrower Address

175 Cabot St Ste 500

Borrower City

Lowell

Borrower State

MA

Borrower Zip

01854-3640

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74479.17

Current Approval Amount

74479.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lowell

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01854-3640

CD

MA-03

Jobs Reported

3

NAICS Code

541940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

74477.17

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

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74760.54

Forgiveness Date

06/15/2021

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