PPP Loan information for Brothers inc

$2,120,597

Brothers inc was initially approved for PPP Loan of amount $2,120,597, the current approved amount is $2,120,597. The loan was approved on 04/10/2020 by The Manufacturers and Traders Trust Company reported 154 jobs and $2,120,597 was used to fund payroll.

Brothers inc is Existing or more than 2 years old

BROTHERS INC

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BROTHERS INC

Borrower Address

1000 Sussex Blvd

Borrower City

BROOMALL

Borrower State

PA

Borrower Zip

19008-4315

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2120597.00

Current Approval Amount

2120597.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOMALL

Project County Name

DELAWARE

Project State

PA

Project Zip

19008-4315

CD

PA-05

Jobs Reported

154

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

1850597.00

Mortgage Interest Proceed

0.00

Rent Proceed

62000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

180000.00

Debt Interest Proceed

20000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2143604.02

Forgiveness Date

05/19/2021

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