Hederman Brothers LLC

$1,033,500 PPP Loan in Madison, Mississippi

Loan Details

Loan Number
4378327105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,033,500
Current Approval
$1,033,500
Forgiveness Amount
$1,039,873
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hederman Brothers LLC
Address
247 Industrial Dr
ZIP Code
39110-9783
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
112
Estimated Revenue
$111.1M
Rural/Urban
Urban
Congressional District
MS-03

Loan Use Breakdown

Payroll
$881,500
Rent
$52,000
Utilities
$30,000
Health Care
$30,000
Debt Interest
$40,000

Lender Information

Servicing Lender
Bankplus
Originating Lender
Bankplus

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