PPP Loan information for Brown electric, inc.

$112,900

Brown electric, inc. was initially approved for PPP Loan of amount $112,900, the current approved amount is $112,900. The loan was approved on 04/08/2020 by The BankPlus reported 15 jobs and $112,900 was used to fund payroll.

Brown electric, inc. is Existing or more than 2 years old

BROWN ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

BROWN ELECTRIC, INC.

Borrower Address

111 N WHITWORTH AVE

Borrower City

BROOKHAVEN

Borrower State

MS

Borrower Zip

39601-3002

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112900.00

Current Approval Amount

112900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKHAVEN

Project County Name

LINCOLN

Project State

MS

Project Zip

39601-3002

CD

MS-03

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112900.00

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

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

113655.80

Forgiveness Date

12/21/2020

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