HYDRO-POWER INC. (WV) - 2020 PPP Loan Borrower Profile (# 1219488505)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HYDRO-POWER INC.. 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 West Virginia.

Loan Detail

Loan Number

1219488505

SBA Office Code

0390

Processing Method

PPS

Curent Loan Amount

$63,035

Date Loan was Approved

Feb 18, 2021

Amount Forgiven

$63,363.13

Date Loan was Forgiven

Sep 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

63,035

Lender

Union Bank, Inc.

Business Detail

Business Type

Corporation

NAICS

561790

Borrower Location

Proctor, WV

Project Location

Proctor, WV

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.