Horsepower Electric & Maintenance Corp.

$3,656,900 PPP Loan in Brooklyn, New York

Loan Details

Loan Number
1499957109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$3,656,900
Current Approval
$4,402,800
Forgiveness Amount
$4,465,907
Forgiveness Date
Sep 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Horsepower Electric & Maintenance Corp.
Address
4101 1st Ave
ZIP Code
11232-3329
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
New Business or 2 years or less
Jobs Reported
190
Estimated Revenue
$216.5M
Rural/Urban
Urban
Congressional District
NY-10

Loan Use Breakdown

Payroll
$4,402,800

Lender Information

Servicing Lender
Bankunited, National Association
Originating Lender
Bankunited, National Association

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