PPP Loan information for Brauer material handling syste

$1,232,500

Brauer material handling syste was initially approved for PPP Loan of amount $1,232,500, the current approved amount is $1,232,500. The loan was approved on 04/07/2020 by The First Horizon Bank reported 80 jobs and $1,232,500 was used to fund payroll.

Brauer material handling syste is Existing or more than 2 years old

BRAUER MATERIAL HANDLING SYSTE

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BRAUER MATERIAL HANDLING SYSTE

Borrower Address

226 Molly Walton Dr

Borrower City

HENDERSONVILLE

Borrower State

TN

Borrower Zip

37075-2154

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1232500.00

Current Approval Amount

1232500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HENDERSONVILLE

Project County Name

SUMNER

Project State

TN

Project Zip

37075-2154

CD

TN-06

Jobs Reported

80

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1180000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

52500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1241675.28

Forgiveness Date

01/12/2021

;