PPP Loan information for Hubbard electric inc.

$276,800

Hubbard electric inc. was initially approved for PPP Loan of amount $276,800, the current approved amount is $276,800. The loan was approved on 04/03/2020 by The Sherburne State Bank reported 20 jobs and $276,800 was used to fund payroll.

Hubbard electric inc. is Existing or more than 2 years old

HUBBARD ELECTRIC INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HUBBARD ELECTRIC INC.

Borrower Address

14166 Bank St.

Borrower City

BECKER

Borrower State

MN

Borrower Zip

55308-8811

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

276800.00

Current Approval Amount

276800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38878

Servicing Lender Name

Sherburne State Bank

Servicing Lender Address

12500 Sherburne Ave

Servicing Lender City

BECKER

Servicing Lender State

MN

Servicing Lender Zip

55308

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55308-8811

CD

MN-06

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

276800.00

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

Subchapter S Corporation

Originating Lender Location Id

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

279114.36

Forgiveness Date

02/09/2021

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