PPP Loan information for Brooks motor & electric, inc

$201,755

Brooks motor & electric, inc was initially approved for PPP Loan of amount $201,755, the current approved amount is $201,755. The loan was approved on 04/09/2020 by The Monticello Banking Company reported 19 jobs and $201,755 was used to fund payroll.

Brooks motor & electric, inc is Existing or more than 2 years old

PPP Loan Search / KY / GLASGOW / Brooks motor & electric, inc

BROOKS MOTOR & ELECTRIC, INC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BROOKS MOTOR & ELECTRIC, INC

Borrower Address

2591 NEW BOWLING GREEN RD

Borrower City

GLASGOW

Borrower State

KY

Borrower Zip

42141-9734

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201754.97

Current Approval Amount

201754.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27616

Servicing Lender Name

Monticello Banking Company

Servicing Lender Address

50 N Main St

Servicing Lender City

MONTICELLO

Servicing Lender State

KY

Servicing Lender Zip

42633-2851

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLASGOW

Project County Name

BARREN

Project State

KY

Project Zip

42141-9734

CD

KY-02

Jobs Reported

19

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

201754.97

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

27616

Originating Lender

Monticello Banking Company

Originating Lender City

MONTICELLO

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203094.40

Forgiveness Date

12/10/2020

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