HOT IRON INCORPORATED (WY) - 2020 PPP Loan Borrower Profile (# 8610917000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HOT IRON INCORPORATED. 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 Wyoming.

Loan Detail

Loan Number

8610917000

SBA Office Code

0897

Processing Method

PPP

Curent Loan Amount

$315,000

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$319,025

Date Loan was Forgiven

Jul 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

39,375

Payroll Proced

236,250

Rent Proceed

39,375

Lender

Security State Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

237110

Borrower Location

GILLETTE, WY

Project Location

GILLETTE, WY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.