PPP Loan information for Bear branch supply inc

$60,083

Bear branch supply inc was initially approved for PPP Loan of amount $60,083, the current approved amount is $60,083. The loan was approved on 02/13/2021 by The German American Bank reported 8 jobs and $60,083 was used to fund payroll.

Bear branch supply inc is Existing or more than 2 years old

BEAR BRANCH SUPPLY INC

Date Approved

02/13/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

BEAR BRANCH SUPPLY INC

Borrower Address

13637 Aberdeen Rd

Borrower City

Dillsboro

Borrower State

IN

Borrower Zip

47018-5114

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60082.50

Current Approval Amount

60082.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dillsboro

Project County Name

DEARBORN

Project State

IN

Project Zip

47018-5114

CD

IN-09

Jobs Reported

8

NAICS Code

311119

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

60080.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60288.26

Forgiveness Date

06/23/2021

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