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
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
Servicing Lender Zip
95973-4937
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KERN
Project State
Project Zip
93307-0001
CD
CA-22
Jobs Reported
357
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
3882268.72
Forgiveness Date
08/05/2022