PPP Loan information for Brown motors, inc.

$536,468

Brown motors, inc. was initially approved for PPP Loan of amount $536,468, the current approved amount is $536,468. The loan was approved on 04/11/2020 by The Fifth Third Bank reported 46 jobs and $536,468 was used to fund payroll.

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

BROWN MOTORS, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BROWN MOTORS, INC.

Borrower Address

2170 US 31 N

Borrower City

PETOSKEY

Borrower State

MI

Borrower Zip

49770

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

536467.50

Current Approval Amount

536467.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PETOSKEY

Project County Name

EMMET

Project State

MI

Project Zip

49770-0001

CD

MI-01

Jobs Reported

46

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

536467.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

541593.74

Forgiveness Date

03/31/2021

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