PPP Loan information for Bromar inc

$48,400

Bromar inc was initially approved for PPP Loan of amount $48,400, the current approved amount is $48,400. The loan was approved on 04/07/2020 by The Franklin Savings Bank reported 11 jobs and $48,400 was used to fund payroll.

Bromar inc is Existing or more than 2 years old

BROMAR INC

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

BROMAR INC

Borrower Address

17 Paril Street

Borrower City

SKOWHEGAN

Borrower State

ME

Borrower Zip

04976-2142

Loan Status Date

01/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48400.00

Current Approval Amount

48400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29665

Servicing Lender Name

Franklin Savings Bank

Servicing Lender Address

197 Main St

Servicing Lender City

FARMINGTON

Servicing Lender State

ME

Servicing Lender Zip

04938-5808

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SKOWHEGAN

Project County Name

SOMERSET

Project State

ME

Project Zip

04976-2142

CD

ME-02

Jobs Reported

11

NAICS Code

424120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48400.00

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

29665

Originating Lender

Franklin Savings Bank

Originating Lender City

FARMINGTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38612.27

Forgiveness Date

10/30/2020

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