← SBA PPP loans

HOOVER ELECTRIC INC

Paid in Full · $457K forgiven · 1837727702 · approved 05/01/2020

$453K

Approved

$457K

Forgiven (101%)

34

Jobs claimed

24

Term (months)

Borrower

Name: HOOVER ELECTRIC INC
Address: 2123 W 8 MILE RD, DETROIT, MI, 48203
NAICS: 238210
Business type: Corporation
Business age: Existing or more than 2 years old

Use of funds

Payroll: $358K
Rent: $10K
Mortgage interest: $3K
Utilities: $24K
Health care: $19K
Debt interest: $39K

Lender

Originating: JPMorgan Chase Bank, National Association
Servicing: JPMorgan Chase Bank, National Association (OH)

Source

Authoritative: SBA PPP FOIA Dataset
Machine: JSON-LD · Markdown