Horsepower Electric and Maintenance Corp

$2,000,000 PPP Loan in Brooklyn, New York

Loan Details

Loan Number
9112808501
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,029,667
Forgiveness Date
Sep 1, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Horsepower Electric and Maintenance Corp
Address
4101 1st Ave
ZIP Code
11232-3329
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
155
Estimated Revenue
$176.6M
Rural/Urban
Urban
Congressional District
NY-10

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

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

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