PPP Loan information for Brandywine motors inc

$869,100

Brandywine motors inc was initially approved for PPP Loan of amount $869,100, the current approved amount is $869,100. The loan was approved on 04/13/2020 by The Fulton Bank, National Association reported 58 jobs and $869,100 was used to fund payroll.

Brandywine motors inc is Existing or more than 2 years old

PPP Loan Search / DE / Wilmington / Brandywine motors inc

BRANDYWINE MOTORS INC

Date Approved

04/13/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

BRANDYWINE MOTORS INC

Borrower Address

3807 Kirkwood Highway

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19808-5107

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

869100.00

Current Approval Amount

869100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19808-5107

CD

DE-

Jobs Reported

58

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

108637.62

Payroll Proceed

651825.69

Mortgage Interest Proceed

0.00

Rent Proceed

108636.69

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

874290.46

Forgiveness Date

11/25/2020

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