PPP Loan information for Brown motorsports llc

$95,800

Brown motorsports llc was initially approved for PPP Loan of amount $95,800, the current approved amount is $95,800. The loan was approved on 04/06/2020 by The Malvern Bank reported 9 jobs and $95,800 was used to fund payroll.

Brown motorsports llc is Existing or more than 2 years old

BROWN MOTORSPORTS LLC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BROWN MOTORSPORTS LLC

Borrower Address

1775 219th Lane

Borrower City

BOONE

Borrower State

IA

Borrower Zip

50036-7443

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95800.00

Current Approval Amount

95800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25210

Servicing Lender Name

Malvern Bank

Servicing Lender Address

404 Main St

Servicing Lender City

MALVERN

Servicing Lender State

IA

Servicing Lender Zip

51551

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOONE

Project County Name

BOONE

Project State

IA

Project Zip

50036-7443

CD

IA-04

Jobs Reported

9

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

95800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25210

Originating Lender

Malvern Bank

Originating Lender City

MALVERN

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96640.91

Forgiveness Date

02/25/2021

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