HONG ELECTRIC ENTERPRISES LTD (GU) - 2020 PPP Loan Borrower Profile (# 9624978401)

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

9624978401

SBA Office Code

0951

Processing Method

PPS

Curent Loan Amount

$29,212

Date Loan was Approved

Feb 17, 2021

Amount Forgiven

$29,411.28

Date Loan was Forgiven

Nov 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

29,212

Lender

Bank of Hawaii

Business Detail

Business Type

Corporation

NAICS

423610

Borrower Location

HARMON, GU

Project Location

HARMON, GU

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.