PPP Loan information for Brits, ltd

$951,360

Brits, ltd was initially approved for PPP Loan of amount $951,360, the current approved amount is $951,360. The loan was approved on 04/06/2020 by The Tradition Capital Bank reported 61 jobs and $951,360 was used to fund payroll.

Brits, ltd is Existing or more than 2 years old

PPP Loan Search / MN / EDEN PRAIRIE / Brits, ltd

BRITS, LTD

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRITS, LTD

Borrower Address

6545 FLYING CLOUD DR

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-3303

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

951360.00

Current Approval Amount

951360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434701

Servicing Lender Name

Tradition Capital Bank

Servicing Lender Address

100 West Lake St

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3303

CD

MN-03

Jobs Reported

61

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

47562.00

Payroll Proceed

713525.00

Mortgage Interest Proceed

0.00

Rent Proceed

190273.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

434701

Originating Lender

Tradition Capital Bank

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

960456.57

Forgiveness Date

04/01/2021

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