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Horsepower Electric INC

$654,200 PPP Loan in Hialeah, Florida

Loan Details

Loan Number
5299667000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$654,200
Current Approval
$654,200
Forgiveness Amount
$659,702
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Horsepower Electric INC
Address
8105 W 20 Ave
City
Hialeah
State
Florida
ZIP Code
33014-3231
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$20.4M
Rural/Urban
Urban
Congressional District
FL-26

Loan Use Breakdown

Payroll
$490,650
Utilities
$163,550

Lender Information

Servicing Lender
City National Bank of Florida
Originating Lender
City National Bank of Florida

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