BRAC INC (KS) - 2020 PPP Loan Borrower Profile (# 1068788601)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BRAC INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Kansas.
Loan Detail
Loan Number
1068788601
SBA Office Code
0709
Processing Method
PPS
Curent Loan Amount
$22,000
Date Loan was Approved
Mar 12, 2021
Amount Forgiven
$22,085.56
Date Loan was Forgiven
Aug 9, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
21,999
Lender
Mid-America Bank
Business Detail
Business Type
Non-Profit Organization
NAICS
531190
Borrower Location
Baldwin City, KS
Project Location
Baldwin City, KS
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
7
Business Age Description
Existing or more than 2 years old
Data Source: SBA.