BRANCO, INC. (NE) - 2020 PPP Loan Borrower Profile (# 5841787002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BRANCO, 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 Nebraska.

Loan Detail

Loan Number

5841787002

SBA Office Code

0766

Processing Method

PPP

Curent Loan Amount

$86,582

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$68,368.11

Date Loan was Forgiven

Oct 19, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,400

Payroll Proced

65,182

Rent Proceed

8,000

Health Care Proceed

10,000

Lender

Riverstone Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

812990

Borrower Location

SCOTTSBLUFF, NE

Project Location

SCOTTSBLUFF, NE

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.