PPP Loan information for Bramel incorporated

$149,500

Bramel incorporated was initially approved for PPP Loan of amount $149,500, the current approved amount is $149,500. The loan was approved on 04/14/2020 by The F & M Community Bank, National Association reported 36 jobs and $149,500 was used to fund payroll.

Bramel incorporated is Existing or more than 2 years old

BRAMEL INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRAMEL INCORPORATED

Borrower Address

1643 N BROADWAY AVE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55906-4103

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149500.00

Current Approval Amount

149500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38766

Servicing Lender Name

F & M Community Bank, National Association

Servicing Lender Address

100 St. Anthony St, North

Servicing Lender City

PRESTON

Servicing Lender State

MN

Servicing Lender Zip

55965-1104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55906-4103

CD

MN-01

Jobs Reported

36

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

120000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38766

Originating Lender

F & M Community Bank, National Association

Originating Lender City

PRESTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140321.71

Forgiveness Date

11/17/2020

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