PPP Loan information for Brax drilling, llc

$58,883

Brax drilling, llc was initially approved for PPP Loan of amount $58,883, the current approved amount is $58,883. The loan was approved on 04/12/2020 by The Thumb Bank & Trust reported 8 jobs and $58,883 was used to fund payroll.

Brax drilling, llc is Existing or more than 2 years old

PPP Loan Search / MI / BAY CITY / Brax drilling, llc

BRAX DRILLING, LLC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BRAX DRILLING, LLC

Borrower Address

3357 Old Kawkawlin Road

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48706-1616

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58882.50

Current Approval Amount

58882.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48706-1616

CD

MI-08

Jobs Reported

8

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3733.50

Payroll Proceed

46543.00

Mortgage Interest Proceed

547.00

Rent Proceed

7450.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

609

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59303.55

Forgiveness Date

01/11/2021

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