PPP Loan information for Brazil electric

$35,917

Brazil electric was initially approved for PPP Loan of amount $35,917, the current approved amount is $35,917. The loan was approved on 01/26/2021 by The Regions Bank reported 6 jobs and $35,917 was used to fund payroll.

Brazil electric is Existing or more than 2 years old

PPP Loan Search / AR / Benton / Brazil electric

BRAZIL ELECTRIC

Date Approved

01/26/2021

SBA Office Code

0669

Processing Method

PPP

Borrower Name

BRAZIL ELECTRIC

Borrower Address

8354 Brazil Rd

Borrower City

Benton

Borrower State

AR

Borrower Zip

72019-1424

Loan Status Date

09/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35917.00

Current Approval Amount

35917.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Benton

Project County Name

SALINE

Project State

AR

Project Zip

72019-1424

CD

AR-02

Jobs Reported

6

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35915.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36452.31

Forgiveness Date

08/09/2022

;