PPP Loan information for Brac inc

$22,000

Brac inc was initially approved for PPP Loan of amount $22,000, the current approved amount is $22,000. The loan was approved on 03/12/2021 by The Mid-America Bank reported 7 jobs and $22,000 was used to fund payroll.

Brac inc is Existing or more than 2 years old

BRAC INC

Date Approved

03/12/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

BRAC INC

Borrower Address

1016 Orchard Ln

Borrower City

Baldwin City

Borrower State

KS

Borrower Zip

66006-9792

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22000.00

Current Approval Amount

22000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25822

Servicing Lender Name

Mid-America Bank

Servicing Lender Address

802 Ames St

Servicing Lender City

BALDWIN CITY

Servicing Lender State

KS

Servicing Lender Zip

66006-8205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baldwin City

Project County Name

DOUGLAS

Project State

KS

Project Zip

66006-9792

CD

KS-02

Jobs Reported

7

NAICS Code

531190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

21999.00

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

Non-Profit Organization

Originating Lender Location Id

25822

Originating Lender

Mid-America Bank

Originating Lender City

BALDWIN CITY

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

22085.56

Forgiveness Date

08/09/2021

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