PPP Loan information for Hugo's equipment inc

$40,000

Hugo's equipment inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 02/02/2021 by The OneLocal Bank reported 5 jobs and $40,000 was used to fund payroll.

Hugo's equipment inc is Existing or more than 2 years old

HUGO'S EQUIPMENT INC

Date Approved

02/02/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

HUGO'S EQUIPMENT INC

Borrower Address

20 Delapa Cir

Borrower City

South Walpole

Borrower State

MA

Borrower Zip

02071-1039

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89266

Servicing Lender Name

OneLocal Bank

Servicing Lender Address

11 Central St

Servicing Lender City

NORWOOD

Servicing Lender State

MA

Servicing Lender Zip

02062-3505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Walpole

Project County Name

NORFOLK

Project State

MA

Project Zip

02071-1039

CD

MA-08

Jobs Reported

5

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

89266

Originating Lender

OneLocal Bank

Originating Lender City

NORWOOD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40302.47

Forgiveness Date

11/15/2021

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