PPP Loan information for Braco inc.

$120,552

Braco inc. was initially approved for PPP Loan of amount $120,552, the current approved amount is $120,552. The loan was approved on 04/09/2020 by The Independence Bank of Kentucky reported 15 jobs and $120,552 was used to fund payroll.

Braco inc. is Existing or more than 2 years old

PPP Loan Search / KY / HENDERSON / Braco inc.

BRACO INC.

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BRACO INC.

Borrower Address

1890 madison st PO BOX 357

Borrower City

HENDERSON

Borrower State

KY

Borrower Zip

42419-0357

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120552.00

Current Approval Amount

120552.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HENDERSON

Project County Name

HENDERSON

Project State

KY

Project Zip

42419-0357

CD

KY-01

Jobs Reported

15

NAICS Code

562111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120552.00

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

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121777.34

Forgiveness Date

04/19/2021

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