PPP Loan information for Bruce industrial company inc.

$580,335

Bruce industrial company inc. was initially approved for PPP Loan of amount $580,335, the current approved amount is $580,335. The loan was approved on 01/29/2021 by The Loan Source Incorporated reported 64 jobs and $580,335 was used to fund payroll.

Bruce industrial company inc. is Existing or more than 2 years old

PPP Loan Search / DE / New Castle / Bruce industrial company inc.

BRUCE INDUSTRIAL COMPANY INC.

Date Approved

01/29/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

BRUCE INDUSTRIAL COMPANY INC.

Borrower Address

4049 New Castle Ave

Borrower City

New Castle

Borrower State

DE

Borrower Zip

19720-1414

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

580335.00

Current Approval Amount

580335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Castle

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19720-1414

CD

DE-

Jobs Reported

64

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

580333.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

588141.70

Forgiveness Date

06/16/2022

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