PPP Loan information for Brandt industries

$951,303

Brandt industries was initially approved for PPP Loan of amount $951,303, the current approved amount is $951,303. The loan was approved on 04/15/2020 by The Old National Bank reported 99 jobs and $951,303 was used to fund payroll.

Brandt industries is Existing or more than 2 years old

BRANDT INDUSTRIES

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BRANDT INDUSTRIES

Borrower Address

176 W Terra Cotta Ave

Borrower City

Crystal Lake

Borrower State

IL

Borrower Zip

60014-3508

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

951302.50

Current Approval Amount

951302.50

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

Crystal Lake

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-3508

CD

IL-11

Jobs Reported

99

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

951302.50

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

959705.67

Forgiveness Date

03/09/2021

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