HONG ELECTRIC ENTERPRISES LTD (GU) - 2020 PPP Loan Borrower Profile (# 6415457805)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HONG ELECTRIC ENTERPRISES LTD. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Guam.

Loan Detail

Loan Number

6415457805

SBA Office Code

0951

Processing Method

PPP

Curent Loan Amount

$40,335

Date Loan was Approved

Jun 1, 2020

Amount Forgiven

$40,721.77

Date Loan was Forgiven

May 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

40,335

Lender

Bank of Hawaii

Business Detail

Business Type

Corporation

NAICS

423610

Borrower Location

TAMUNING, GU

Project Location

TAMUNING, GU

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.