PPP Loan information for Brethren mutual insurance company

$2,730,900

Brethren mutual insurance company was initially approved for PPP Loan of amount $2,730,900, the current approved amount is $2,730,900. The loan was approved on 04/16/2020 by The First United Bank & Trust reported 142 jobs and $2,730,900 was used to fund payroll.

Brethren mutual insurance company is Existing or more than 2 years old

BRETHREN MUTUAL INSURANCE COMPANY

Date Approved

04/16/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BRETHREN MUTUAL INSURANCE COMPANY

Borrower Address

149 N Edgewood Drive

Borrower City

HAGERSTOWN

Borrower State

MD

Borrower Zip

21740

Loan Status Date

04/26/2023

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2730900.00

Current Approval Amount

2730900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAGERSTOWN

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-0900

CD

MD-06

Jobs Reported

142

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2730900.00

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

Corporation

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

259589.71

Forgiveness Date

06/08/2022

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