PPP Loan information for Branch moving systems inc

$25,000

Branch moving systems inc was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 05/01/2021 by The Community Federal Savings Bank reported 2 jobs and $25,000 was used to fund payroll.

Branch moving systems inc is Existing or more than 2 years old

PPP Loan Search / VA / Hampton / Branch moving systems inc

BRANCH MOVING SYSTEMS INC

Date Approved

05/01/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BRANCH MOVING SYSTEMS INC

Borrower Address

40 Dawn Ln

Borrower City

Hampton

Borrower State

VA

Borrower Zip

23666-5556

Loan Status Date

09/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225775

Servicing Lender Name

Community Federal Savings Bank

Servicing Lender Address

89-16 Jamaica Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

11421-2040

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hampton

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23666-5556

CD

VA-03

Jobs Reported

2

NAICS Code

484210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25000.00

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

Subchapter S Corporation

Originating Lender Location Id

225775

Originating Lender

Community Federal Savings Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25302.78

Forgiveness Date

08/22/2022

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