PPP Loan information for Bros. management inc.

$1,706,600

Bros. management inc. was initially approved for PPP Loan of amount $1,706,600, the current approved amount is $1,706,600. The loan was approved on 04/09/2020 by The First Horizon Bank reported 414 jobs and $1,706,600 was used to fund payroll.

Bros. management inc. is Existing or more than 2 years old

BROS. MANAGEMENT INC.

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BROS. MANAGEMENT INC.

Borrower Address

2501 Magnolia Ave.

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37914-5311

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1706600.00

Current Approval Amount

1706600.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37914-5311

CD

TN-02

Jobs Reported

414

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

76600.00

Payroll Proceed

1350000.00

Mortgage Interest Proceed

0.00

Rent Proceed

280000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1720726.86

Forgiveness Date

02/19/2021

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