PPP Loan information for Brainstorm, inc.

$3,015,200

Brainstorm, inc. was initially approved for PPP Loan of amount $3,015,200, the current approved amount is $3,015,200. The loan was approved on 04/10/2020 by The Continental Bank reported 119 jobs and $3,015,200 was used to fund payroll.

Brainstorm, inc. is Existing or more than 2 years old

PPP Loan Search / UT / AMERICAN FORK / Brainstorm, inc.

BRAINSTORM, INC.

Date Approved

04/10/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

BRAINSTORM, INC.

Borrower Address

10 SOUTH CENTER ST

Borrower City

AMERICAN FORK

Borrower State

UT

Borrower Zip

84003-2340

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3015200.00

Current Approval Amount

3015200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

352972

Servicing Lender Name

Continental Bank

Servicing Lender Address

15 W South Temple St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84101-1542

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMERICAN FORK

Project County Name

UTAH

Project State

UT

Project Zip

84003-2340

CD

UT-03

Jobs Reported

119

NAICS Code

541613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3015200.00

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

352972

Originating Lender

Continental Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3051630.22

Forgiveness Date

07/01/2021

;