PPP Loan information for Brake solutions inc

$55,000

Brake solutions inc was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 04/09/2020 by The First Commercial Bank, National Association reported 5 jobs and $55,000 was used to fund payroll.

Brake solutions inc is Existing or more than 2 years old

PPP Loan Search / TX / NEW BRAUNFELS / Brake solutions inc

BRAKE SOLUTIONS INC

Date Approved

04/09/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

BRAKE SOLUTIONS INC

Borrower Address

991 S CASTELL AVE

Borrower City

NEW BRAUNFELS

Borrower State

TX

Borrower Zip

78130

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71874

Servicing Lender Name

First Commercial Bank, National Association

Servicing Lender Address

1336 E Court St

Servicing Lender City

SEGUIN

Servicing Lender State

TX

Servicing Lender Zip

78155-5131

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BRAUNFELS

Project County Name

COMAL

Project State

TX

Project Zip

78130-0001

CD

TX-35

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55000.00

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

71874

Originating Lender

First Commercial Bank, National Association

Originating Lender City

SEGUIN

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

55519.44

Forgiveness Date

03/24/2021

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