Hydro-Smart INC

$109,700 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
9168667009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$109,700
Current Approval
$109,700
Forgiveness Amount
$110,620
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hydro-Smart INC
Address
10725 165th Ave NW
ZIP Code
55330-4708
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (454390)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$82,275
Rent
$16,455
Utilities
$10,970

Lender Information

Servicing Lender
First Bank Elk River
Originating Lender
First Bank Elk River

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