PPP Loan information for Braxco inc.

$32,890

Braxco inc. was initially approved for PPP Loan of amount $32,890, the current approved amount is $32,890. The loan was approved on 02/12/2021 by The New Peoples Bank, Inc. reported 4 jobs and $32,890 was used to fund payroll.

Braxco inc. is Existing or more than 2 years old

BRAXCO INC.

Date Approved

02/12/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

BRAXCO INC.

Borrower Address

422 Blue Prince Rd

Borrower City

Bluefield

Borrower State

WV

Borrower Zip

24701-9577

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32890.00

Current Approval Amount

32890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bluefield

Project County Name

MERCER

Project State

WV

Project Zip

24701-9577

CD

WV-01

Jobs Reported

4

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32890.00

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33087.34

Forgiveness Date

09/22/2021

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