PPP Loan information for Brake and equipment co inc

$333,762

Brake and equipment co inc was initially approved for PPP Loan of amount $333,762, the current approved amount is $333,762. The loan was approved on 02/05/2021 by The Summit CU reported 47 jobs and $333,762 was used to fund payroll.

Brake and equipment co inc is Existing or more than 2 years old

PPP Loan Search / WI / Butler / Brake and equipment co inc

BRAKE AND EQUIPMENT CO INC

Date Approved

02/05/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

BRAKE AND EQUIPMENT CO INC

Borrower Address

12773 W Silver Spring Dr

Borrower City

Butler

Borrower State

WI

Borrower Zip

53007-1032

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

333762.00

Current Approval Amount

333762.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Butler

Project County Name

WAUKESHA

Project State

WI

Project Zip

53007-1032

CD

WI-05

Jobs Reported

47

NAICS Code

336999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

333760.00

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

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

336514.39

Forgiveness Date

12/09/2021

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