PPP Loan information for Brand electric, inc.

$522,500

Brand electric, inc. was initially approved for PPP Loan of amount $522,500, the current approved amount is $522,500. The loan was approved on 04/13/2020 by The Old National Bank reported 47 jobs and $522,500 was used to fund payroll.

Brand electric, inc. is Existing or more than 2 years old

PPP Loan Search / IN / LAFAYETTE / Brand electric, inc.

BRAND ELECTRIC, INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BRAND ELECTRIC, INC.

Borrower Address

6274 E 375 S

Borrower City

LAFAYETTE

Borrower State

IN

Borrower Zip

47905-9461

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

522500.00

Current Approval Amount

522500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

TIPPECANOE

Project State

IN

Project Zip

47905-9461

CD

IN-04

Jobs Reported

47

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

522500.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

515238.01

Forgiveness Date

11/05/2020

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