Underwood's of Brownwood

$185,000 PPP Loan in Brownwood, Texas

Loan Details

Loan Number
5136787007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$185,000
Current Approval
$205,700
Forgiveness Amount
$206,894
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Underwood's of Brownwood
Address
404 Commerce St
State
Texas
ZIP Code
76801-1702
Business Type
Partnership
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
TX-11

Loan Use Breakdown

Payroll
$154,275
Utilities
$51,425

Lender Information

Servicing Lender
Texas Bank
Originating Lender
Texas Bank

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