PPP Loan information for Branick industries inc.

$500,494

Branick industries inc. was initially approved for PPP Loan of amount $500,494, the current approved amount is $500,494. The loan was approved on 02/06/2021 by The First Interstate Bank reported 26 jobs and $500,494 was used to fund payroll.

Branick industries inc. is Existing or more than 2 years old

BRANICK INDUSTRIES INC.

Date Approved

02/06/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

BRANICK INDUSTRIES INC.

Borrower Address

4245 Main Ave

Borrower City

Fargo

Borrower State

ND

Borrower Zip

58103-1127

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500494.00

Current Approval Amount

500494.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fargo

Project County Name

CASS

Project State

ND

Project Zip

58103-1127

CD

ND-

Jobs Reported

26

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

500490.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

506362.81

Forgiveness Date

04/21/2022

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