Hercules Poly, Inc.

$615,295 PPP Loan in Eclectic, Alabama

Loan Details

Loan Number
6475777101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$615,295
Current Approval
$615,295
Forgiveness Amount
$623,704
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hercules Poly, Inc.
Address
315 Main Street
State
Alabama
ZIP Code
36024
Business Type
Corporation
Industry (NAICS)
Manufacturing (322223)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$56.5M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$461,471
Rent
$76,912
Utilities
$76,912

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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