PPP Loan information for Branson sherman construction, inc.

$1,196,077

Branson sherman construction, inc. was initially approved for PPP Loan of amount $1,196,077, the current approved amount is $1,196,077. The loan was approved on 04/15/2020 by The American Momentum Bank reported 75 jobs and $1,196,077 was used to fund payroll.

Branson sherman construction, inc. is Existing or more than 2 years old

PPP Loan Search / TX / MIDLAND / Branson sherman construction, inc.

BRANSON SHERMAN CONSTRUCTION, INC.

Date Approved

04/15/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

BRANSON SHERMAN CONSTRUCTION, INC.

Borrower Address

10400 W County Road 77

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79707

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1196077.00

Current Approval Amount

1196077.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79707-0001

CD

TX-11

Jobs Reported

75

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1196077.00

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

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1212091.14

Forgiveness Date

08/19/2021

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