PPP Loan information for Brown electric, inc.

$323,843

Brown electric, inc. was initially approved for PPP Loan of amount $323,843, the current approved amount is $323,843. The loan was approved on 04/27/2020 by The WesBanco Bank, Inc. reported 25 jobs and $323,843 was used to fund payroll.

Brown electric, inc. is New Business or 2 years or less

PPP Loan Search / MD / ACCOKEEK / Brown electric, inc.

BROWN ELECTRIC, INC.

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BROWN ELECTRIC, INC.

Borrower Address

17450 INDIAN HEAD HIGHWAY, SUITE 100

Borrower City

ACCOKEEK

Borrower State

MD

Borrower Zip

20607

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323842.50

Current Approval Amount

323842.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ACCOKEEK

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20607-0001

CD

MD-05

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

323842.50

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

326477.60

Forgiveness Date

02/22/2021

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