BRANICK INDUSTRIES INC. (ND) - 2020 PPP Loan Borrower Profile (# 4165618406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BRANICK INDUSTRIES 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 North Dakota.

Loan Detail

Loan Number

4165618406

SBA Office Code

0875

Processing Method

PPS

Curent Loan Amount

$500,494

Date Loan was Approved

Feb 6, 2021

Amount Forgiven

$506,362.81

Date Loan was Forgiven

Apr 21, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

500,490

Lender

First Interstate Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332999

Borrower Location

Fargo, ND

Project Location

Fargo, ND

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.