PPP Loan information for Neo-brake systems, inc

$421,800

Neo-brake systems, inc was initially approved for PPP Loan of amount $421,800, the current approved amount is $421,800. The loan was approved on 04/09/2020 by The Spring Bank reported 28 jobs and $421,800 was used to fund payroll.

Neo-brake systems, inc is Existing or more than 2 years old

PPP Loan Search / WI / OAK CREEK / Neo-brake systems, inc

NEO-BRAKE SYSTEMS, INC

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NEO-BRAKE SYSTEMS, INC

Borrower Address

6881 South 10th St.

Borrower City

OAK CREEK

Borrower State

WI

Borrower Zip

53154-1417

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

421800.00

Current Approval Amount

421800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

458219

Servicing Lender Name

Spring Bank

Servicing Lender Address

16620 W Bluemound Rd, Ste 100

Servicing Lender City

BROOKFIELD

Servicing Lender State

WI

Servicing Lender Zip

53005-5965

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK CREEK

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53154-1417

CD

WI-01

Jobs Reported

28

NAICS Code

336340

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

421800.00

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

458219

Originating Lender

Spring Bank

Originating Lender City

BROOKFIELD

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

427271.68

Forgiveness Date

07/29/2021

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