PPP Loan information for Bracha inc.

$924,409

Bracha inc. was initially approved for PPP Loan of amount $924,409, the current approved amount is $924,409. The loan was approved on 04/27/2020 by The Forbright Bank reported 105 jobs and $924,409 was used to fund payroll.

Bracha inc. is New Business or 2 years or less

PPP Loan Search / NJ / ELIZABETH / Bracha inc.

BRACHA INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BRACHA INC.

Borrower Address

1048 GROVE ST.

Borrower City

ELIZABETH

Borrower State

NJ

Borrower Zip

07202-2440

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

924409.36

Current Approval Amount

924409.36

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELIZABETH

Project County Name

UNION

Project State

NJ

Project Zip

07202-2440

CD

NJ-08

Jobs Reported

105

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

924409.36

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

Corporation

Originating Lender Location Id

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

935938.80

Forgiveness Date

08/02/2021

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