PPP Loan information for Brown distributing company

$648,900

Brown distributing company was initially approved for PPP Loan of amount $648,900, the current approved amount is $648,900. The loan was approved on 04/15/2020 by The Heartland Bank reported 55 jobs and $648,900 was used to fund payroll.

Brown distributing company is Existing or more than 2 years old

PPP Loan Search / OH / NEWARK / Brown distributing company

BROWN DISTRIBUTING COMPANY

Date Approved

04/15/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

BROWN DISTRIBUTING COMPANY

Borrower Address

51 Swans Road

Borrower City

NEWARK

Borrower State

OH

Borrower Zip

43055

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

648900.00

Current Approval Amount

648900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57467

Servicing Lender Name

Heartland Bank

Servicing Lender Address

430 N Hamilton Rd

Servicing Lender City

WHITEHALL

Servicing Lender State

OH

Servicing Lender Zip

43213-3067

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

LICKING

Project State

OH

Project Zip

43055-0001

CD

OH-12

Jobs Reported

55

NAICS Code

424810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

480186.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

168714.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57467

Originating Lender

Heartland Bank

Originating Lender City

WHITEHALL

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

653326.74

Forgiveness Date

12/28/2020

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