PPP Loan information for Horst equipment repair inc

$168,732

Horst equipment repair inc was initially approved for PPP Loan of amount $168,732, the current approved amount is $168,732. The loan was approved on 04/11/2020 by The Valley National Bank reported 23 jobs and $168,732 was used to fund payroll.

Horst equipment repair inc is Existing or more than 2 years old

PPP Loan Search / AL / LINCOLN / Horst equipment repair inc

HORST EQUIPMENT REPAIR INC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

HORST EQUIPMENT REPAIR INC

Borrower Address

353 Marina Drive

Borrower City

LINCOLN

Borrower State

AL

Borrower Zip

35096-5860

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168732.27

Current Approval Amount

168732.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINCOLN

Project County Name

TALLADEGA

Project State

AL

Project Zip

35096-5860

CD

AL-03

Jobs Reported

23

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

168732.27

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

170030.57

Forgiveness Date

01/26/2021

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