PPP Loan information for Brooks machine & design inc

$407,000

Brooks machine & design inc was initially approved for PPP Loan of amount $407,000, the current approved amount is $407,000. The loan was approved on 04/16/2020 by The United Community Bank reported 38 jobs and $407,000 was used to fund payroll.

Brooks machine & design inc is Existing or more than 2 years old

PPP Loan Search / NC / ZEBULON / Brooks machine & design inc

BROOKS MACHINE & DESIGN INC

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BROOKS MACHINE & DESIGN INC

Borrower Address

1424 Old US 264 Hwy

Borrower City

ZEBULON

Borrower State

NC

Borrower Zip

27597

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

407000.00

Current Approval Amount

407000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZEBULON

Project County Name

WAKE

Project State

NC

Project Zip

27597-0001

CD

NC-02

Jobs Reported

38

NAICS Code

332312

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

407000.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

409419.70

Forgiveness Date

12/03/2020

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