PPP Loan information for Brown bearing & drive solutions, inc.

$345,000

Brown bearing & drive solutions, inc. was initially approved for PPP Loan of amount $345,000, the current approved amount is $345,000. The loan was approved on 04/10/2020 by The Univest Bank and Trust Co. reported 29 jobs and $345,000 was used to fund payroll.

Brown bearing & drive solutions, inc. is Existing or more than 2 years old

PPP Loan Search / PA / Lancaster / Brown bearing & drive solutions, inc.

BROWN BEARING & DRIVE SOLUTIONS, INC.

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BROWN BEARING & DRIVE SOLUTIONS, INC.

Borrower Address

171 Greenfield Road

Borrower City

Lancaster

Borrower State

PA

Borrower Zip

17601-5814

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

345000.00

Current Approval Amount

345000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lancaster

Project County Name

LANCASTER

Project State

PA

Project Zip

17601-5814

CD

PA-11

Jobs Reported

29

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

345000.00

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

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

347939.59

Forgiveness Date

03/01/2021

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