PPP Loan information for Bruce industrial company, inc.

$580,300

Bruce industrial company, inc. was initially approved for PPP Loan of amount $580,300, the current approved amount is $580,300. The loan was approved on 04/08/2020 by The Wilmington Savings Fund Society, FSB reported 64 jobs and $580,300 was used to fund payroll.

Bruce industrial company, inc. is Existing or more than 2 years old

PPP Loan Search / DE / NEW CASTLE / Bruce industrial company, inc.

BRUCE INDUSTRIAL COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

BRUCE INDUSTRIAL COMPANY, INC.

Borrower Address

4049 NEW CASTLE AVE

Borrower City

NEW CASTLE

Borrower State

DE

Borrower Zip

19720-1414

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

580300.00

Current Approval Amount

580300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW CASTLE

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19720-1414

CD

DE-

Jobs Reported

64

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

580300.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

587676.96

Forgiveness Date

08/02/2021

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