PPP Loan information for Brain power, llc

$198,648

Brain power, llc was initially approved for PPP Loan of amount $198,648, the current approved amount is $198,648. The loan was approved on 04/27/2020 by The Old Dominion National Bank reported 13 jobs and $198,648 was used to fund payroll.

Brain power, llc is Existing or more than 2 years old

BRAIN POWER, LLC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BRAIN POWER, LLC

Borrower Address

245 Main Street

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02142

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198648.31

Current Approval Amount

198648.31

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02142-0001

CD

MA-07

Jobs Reported

13

NAICS Code

541690

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

198648.31

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

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199954.49

Forgiveness Date

12/31/2020

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