PPP Loan information for Braman motors, inc.

$5,921,500

Braman motors, inc. was initially approved for PPP Loan of amount $5,921,500, the current approved amount is $5,921,500. The loan was approved on 04/06/2020 by The City National Bank of Florida reported 405 jobs and $5,921,500 was used to fund payroll.

Braman motors, inc. is Existing or more than 2 years old

BRAMAN MOTORS, INC.

Date Approved

04/06/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

BRAMAN MOTORS, INC.

Borrower Address

2060 Biscayne Blvd

Borrower City

MIAMI

Borrower State

FL

Borrower Zip

33137-5024

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5921500.00

Current Approval Amount

5921500.00

Undisbursed Amount

0.00

Franchise Name

BMW of North America, LLC - Motorcycle Dealer Agreement

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33137-5024

CD

FL-26

Jobs Reported

405

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1480375.00

Payroll Proceed

4441125.00

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

Subchapter S Corporation

Originating Lender Location Id

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6026626.90

Forgiveness Date

01/25/2022

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