PPP Loan information for Brooks motor & electric, inc
$201,755
Brooks motor & electric, inc was initially approved for PPP Loan of amount $201,755, the current approved amount is $201,755. The loan was approved on 04/09/2020 by The Monticello Banking Company reported 19 jobs and $201,755 was used to fund payroll.
Brooks motor & electric, inc is Existing or more than 2 years old
BROOKS MOTOR & ELECTRIC, INC
Date Approved
04/09/2020
SBA Office Code
0457
Processing Method
PPP
Borrower Name
BROOKS MOTOR & ELECTRIC, INC
Borrower Address
2591 NEW BOWLING GREEN RD
Borrower City
GLASGOW
Borrower State
KY
Borrower Zip
42141-9734
Loan Status Date
01/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
201754.97
Current Approval Amount
201754.97
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
27616
Servicing Lender Name
Monticello Banking Company
Servicing Lender Address
50 N Main St
Servicing Lender City
MONTICELLO
Servicing Lender State
KY
Servicing Lender Zip
42633-2851
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
GLASGOW
Project County Name
BARREN
Project State
KY
Project Zip
42141-9734
CD
KY-02
Jobs Reported
19
NAICS Code
811310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
201754.97
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
27616
Originating Lender
Monticello Banking Company
Originating Lender City
MONTICELLO
Originating Lender State
KY
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
203094.40
Forgiveness Date
12/10/2020