PPP Loan information for Brown electric construction co.

$1,364,800

Brown electric construction co. was initially approved for PPP Loan of amount $1,364,800, the current approved amount is $1,364,800. The loan was approved on 04/05/2020 by The United Community Bank reported 64 jobs and $1,364,800 was used to fund payroll.

Brown electric construction co. is Existing or more than 2 years old

PPP Loan Search / IL / QUINCY / Brown electric construction co.

BROWN ELECTRIC CONSTRUCTION CO.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BROWN ELECTRIC CONSTRUCTION CO.

Borrower Address

1309 WATTS LN

Borrower City

QUINCY

Borrower State

IL

Borrower Zip

62305-1302

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1364800.00

Current Approval Amount

1364800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20465

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 N Main St

Servicing Lender City

CHATHAM

Servicing Lender State

IL

Servicing Lender Zip

62629-1019

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

QUINCY

Project County Name

ADAMS

Project State

IL

Project Zip

62305-1302

CD

IL-15

Jobs Reported

64

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1364800.00

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

Subchapter S Corporation

Originating Lender Location Id

20465

Originating Lender

United Community Bank

Originating Lender City

CHATHAM

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1374277.78

Forgiveness Date

12/22/2020

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