PPP Loan information for Branch inc

$253,760

Branch inc was initially approved for PPP Loan of amount $253,760, the current approved amount is $253,760. The loan was approved on 04/27/2020 by The WesBanco Bank, Inc. reported 34 jobs and $253,760 was used to fund payroll.

Branch inc is New Business or 2 years or less

PPP Loan Search / MD / TEMPLE HILLS / Branch inc

BRANCH INC

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BRANCH INC

Borrower Address

3401 BRANCH AVENUE

Borrower City

TEMPLE HILLS

Borrower State

MD

Borrower Zip

20748

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253760.00

Current Approval Amount

253760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

TEMPLE HILLS

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20748-1000

CD

MD-04

Jobs Reported

34

NAICS Code

811192

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

253760.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

256638.26

Forgiveness Date

06/17/2021

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