PPP Loan information for Brown electric co. inc.

$122,630

Brown electric co. inc. was initially approved for PPP Loan of amount $122,630, the current approved amount is $122,630. The loan was approved on 03/09/2021 by The Vermont 504 Corporation reported 7 jobs and $122,630 was used to fund payroll.

Brown electric co. inc. is Existing or more than 2 years old

BROWN ELECTRIC CO. INC.

Date Approved

03/09/2021

SBA Office Code

0150

Processing Method

PPP

Borrower Name

BROWN ELECTRIC CO. INC.

Borrower Address

440 Shunpike Rd

Borrower City

Williston

Borrower State

VT

Borrower Zip

05495-9585

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122630.00

Current Approval Amount

122630.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188332

Servicing Lender Name

Vermont 504 Corporation

Servicing Lender Address

58 East State Street Suite 5

Servicing Lender City

Montpelier

Servicing Lender State

VT

Servicing Lender Zip

05602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williston

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05495-9585

CD

VT-

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

122624.00

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

188332

Originating Lender

Vermont 504 Corporation

Originating Lender City

Montpelier

Originating Lender State

VT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122992.85

Forgiveness Date

06/29/2021

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