PPP Loan information for Brown distributing company inc

$40,000

Brown distributing company inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 03/13/2021 by The 1st Source Bank reported 10 jobs and $40,000 was used to fund payroll.

Brown distributing company inc is Existing or more than 2 years old

PPP Loan Search / IN / Mishawaka / Brown distributing company inc

BROWN DISTRIBUTING COMPANY INC

Date Approved

03/13/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

BROWN DISTRIBUTING COMPANY INC

Borrower Address

[email protected]

Borrower City

Mishawaka

Borrower State

IN

Borrower Zip

46544

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mishawaka

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46544

CD

IN-02

Jobs Reported

10

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39998.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40226.67

Forgiveness Date

10/06/2021

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