PPP Loan information for Brake service inc

$517,500

Brake service inc was initially approved for PPP Loan of amount $517,500, the current approved amount is $517,500. The loan was approved on 04/08/2020 by The Dime Community Bank reported 35 jobs and $517,500 was used to fund payroll.

Brake service inc is Existing or more than 2 years old

BRAKE SERVICE INC

Date Approved

04/08/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

BRAKE SERVICE INC

Borrower Address

179 Herricks Road

Borrower City

NEW HYDE PARK

Borrower State

NY

Borrower Zip

11040-5236

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517500.00

Current Approval Amount

517500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46104

Servicing Lender Name

Dime Community Bank

Servicing Lender Address

2200 Montauk Hwy

Servicing Lender City

BRIDGEHAMPTON

Servicing Lender State

NY

Servicing Lender Zip

11932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HYDE PARK

Project County Name

NASSAU

Project State

NY

Project Zip

11040-5236

CD

NY-03

Jobs Reported

35

NAICS Code

811118

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

414000.00

Mortgage Interest Proceed

0.00

Rent Proceed

103500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46104

Originating Lender

Dime Community Bank

Originating Lender City

BRIDGEHAMPTON

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

522660.62

Forgiveness Date

04/12/2021

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