PPP Loan information for Branch inc.

$557,600

Branch inc. was initially approved for PPP Loan of amount $557,600, the current approved amount is $557,600. The loan was approved on 02/23/2021 by The First Security Bank reported 80 jobs and $557,600 was used to fund payroll.

Branch inc. is Existing or more than 2 years old

BRANCH INC.

Date Approved

02/23/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

BRANCH INC.

Borrower Address

805 Donaghey Ave

Borrower City

Conway

Borrower State

AR

Borrower Zip

72034-5143

Loan Status Date

08/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

557600.00

Current Approval Amount

557600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conway

Project County Name

FAULKNER

Project State

AR

Project Zip

72034-5143

CD

AR-02

Jobs Reported

80

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

557595.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

565313.47

Forgiveness Date

07/14/2022

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