PPP Loan information for Brownd electric inc

$14,900

Brownd electric inc was initially approved for PPP Loan of amount $14,900, the current approved amount is $14,900. The loan was approved on 04/28/2020 by The Merchants & Planters Bank reported 3 jobs and $14,900 was used to fund payroll.

Brownd electric inc is Existing or more than 2 years old

BROWND ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

BROWND ELECTRIC INC

Borrower Address

880 SANDY LN

Borrower City

NEWPORT

Borrower State

AR

Borrower Zip

72112-5053

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14900.00

Current Approval Amount

14900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4611

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

120 Hazel St

Servicing Lender City

NEWPORT

Servicing Lender State

AR

Servicing Lender Zip

72112-3310

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

JACKSON

Project State

AR

Project Zip

72112-5053

CD

AR-01

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1862.00

Payroll Proceed

11175.00

Mortgage Interest Proceed

0.00

Rent Proceed

1863.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4611

Originating Lender

Merchants & Planters Bank

Originating Lender City

NEWPORT

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15003.69

Forgiveness Date

01/14/2021

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