PPP borrower record

HY-POWER ELECTRIC COMPANY PPP loan record

Public SBA PPP loan record for HY-POWER ELECTRIC COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$575,000
Approved amount
$581,207
Forgiven amount
2020-04-15
Date approved

Borrower and loan details

Borrower
HY-POWER ELECTRIC COMPANY
Loan number
9280477109
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
New Lenox
Borrower state
Illinois
Borrower ZIP
60451
Jobs reported
19
Loan status
Paid in Full
Forgiveness date
2021-05-24
Servicing lender
LincolnWay Community Bank
Originating lender
LincolnWay Community Bank

Reported use of proceeds

Payroll
$345,030
Rent
$12,500
Utilities
$750
Mortgage interest
N/A
Health care
$216,720
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.