PPP Loan information for Horsepower technologies inc.

$74,161

Horsepower technologies inc. was initially approved for PPP Loan of amount $74,161, the current approved amount is $74,161. The loan was approved on 04/07/2020 by The Cambridge Trust Company reported 4 jobs and $74,161 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

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

HORSEPOWER TECHNOLOGIES INC.

Borrower Address

175 CABOT ST STE 500

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01854-3611

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74160.69

Current Approval Amount

74160.69

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

01854-3611

CD

MA-03

Jobs Reported

4

NAICS Code

541940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74160.69

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

74599.47

Forgiveness Date

11/17/2020

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