PPP Loan information for Hydro-designs, inc

$701,600

Hydro-designs, inc was initially approved for PPP Loan of amount $701,600, the current approved amount is $701,600. The loan was approved on 04/29/2020 by The Comerica Bank reported 67 jobs and $701,600 was used to fund payroll.

Hydro-designs, inc is Existing or more than 2 years old

PPP Loan Search / MI / Troy / Hydro-designs, inc

HYDRO-DESIGNS, INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HYDRO-DESIGNS, INC

Borrower Address

5700 Crooks Rd STE 100

Borrower City

Troy

Borrower State

MI

Borrower Zip

48098-2826

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

701600.00

Current Approval Amount

701600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48098-2826

CD

MI-11

Jobs Reported

67

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

701600.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

705575.73

Forgiveness Date

11/25/2020

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