PPP Loan information for Braun electric company, inc.

$3,796,967

Braun electric company, inc. was initially approved for PPP Loan of amount $3,796,967, the current approved amount is $3,796,967. The loan was approved on 04/27/2020 by The Tri Counties Bank reported 357 jobs and $3,796,967 was used to fund payroll.

Braun electric company, inc. is Existing or more than 2 years old

BRAUN ELECTRIC COMPANY, INC.

Date Approved

04/27/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

BRAUN ELECTRIC COMPANY, INC.

Borrower Address

3000 E Belle Terrace

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93307

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3796967.00

Current Approval Amount

3796967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5060

Servicing Lender Name

Tri Counties Bank

Servicing Lender Address

63 Constitution Dr

Servicing Lender City

CHICO

Servicing Lender State

CA

Servicing Lender Zip

95973-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93307-0001

CD

CA-22

Jobs Reported

357

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3796967.00

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

5060

Originating Lender

Tri Counties Bank

Originating Lender City

CHICO

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

3882268.72

Forgiveness Date

08/05/2022

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