PPP Loan information for Branson sherman construction inc.

$949,667

Branson sherman construction inc. was initially approved for PPP Loan of amount $949,667, the current approved amount is $949,667. The loan was approved on 02/23/2021 by The American Momentum Bank reported 90 jobs and $949,667 was used to fund payroll.

Branson sherman construction inc. is Existing or more than 2 years old

PPP Loan Search / TX / Midland / Branson sherman construction inc.

BRANSON SHERMAN CONSTRUCTION INC.

Date Approved

02/23/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

BRANSON SHERMAN CONSTRUCTION INC.

Borrower Address

10400 W County Road 77

Borrower City

Midland

Borrower State

TX

Borrower Zip

79707-1682

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

949667.00

Current Approval Amount

949667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79707-1682

CD

TX-11

Jobs Reported

90

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

949661.00

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

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

960350.75

Forgiveness Date

04/07/2022

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