PPP Loan information for Branches inc

$516,200

Branches inc was initially approved for PPP Loan of amount $516,199, the current approved amount is $516,200. The loan was approved on 04/13/2020 by The U.S. Century Bank reported 70 jobs and $516,200 was used to fund payroll.

Branches inc is Existing or more than 2 years old

BRANCHES INC

Date Approved

04/13/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

BRANCHES INC

Borrower Address

11500 NW 12 Avenue

Borrower City

MIAMI

Borrower State

FL

Borrower Zip

33168-6217

Loan Status Date

04/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

516199.00

Current Approval Amount

516200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

283144

Servicing Lender Name

U.S. Century Bank

Servicing Lender Address

2301 NW 87th Ave

Servicing Lender City

DORAL

Servicing Lender State

FL

Servicing Lender Zip

33172-2403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33168-6217

CD

FL-24

Jobs Reported

70

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

516200.00

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

Non-Profit Organization

Originating Lender Location Id

283144

Originating Lender

U.S. Century Bank

Originating Lender City

DORAL

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

521291.29

Forgiveness Date

04/13/2021

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