PPP Loan information for Bracha inc.

$926,493

Bracha inc. was initially approved for PPP Loan of amount $926,493, the current approved amount is $926,493. The loan was approved on 01/30/2021 by The Forbright Bank reported 90 jobs and $926,493 was used to fund payroll.

Bracha inc. is Existing or more than 2 years old

BRACHA INC.

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BRACHA INC.

Borrower Address

1048 Grove St

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07202-2440

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

926492.70

Current Approval Amount

926492.70

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

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07202-2440

CD

NJ-08

Jobs Reported

90

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

926485.70

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

937250.31

Forgiveness Date

04/13/2022

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