PPP Loan information for Brakke implement, inc.

$399,400

Brakke implement, inc. was initially approved for PPP Loan of amount $399,400, the current approved amount is $399,400. The loan was approved on 04/04/2020 by The First Citizens Bank reported 31 jobs and $399,400 was used to fund payroll.

Brakke implement, inc. is Existing or more than 2 years old

BRAKKE IMPLEMENT, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BRAKKE IMPLEMENT, INC.

Borrower Address

17551 KILLDEER AVE

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-9657

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399400.00

Current Approval Amount

399400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-9657

CD

IA-02

Jobs Reported

31

NAICS Code

444210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

299550.00

Mortgage Interest Proceed

0.00

Rent Proceed

49925.00

Refinance EIDL Proceed

0.00

Health Care Proceed

49925.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

401885.16

Forgiveness Date

11/24/2020

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