PPP Loan information for B & b mechanical services inc.

$232,054

B & b mechanical services inc. was initially approved for PPP Loan of amount $232,054, the current approved amount is $232,054. The loan was approved on 04/09/2020 by The The Lowell Five Cent Savings Bank reported 12 jobs and $232,054 was used to fund payroll.

B & b mechanical services inc. is Existing or more than 2 years old

B & B MECHANICAL SERVICES INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

B & B MECHANICAL SERVICES INC.

Borrower Address

34 Sullivan Road, Suite 34

Borrower City

NORTH BILLERICA

Borrower State

MA

Borrower Zip

01862-1275

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232054.00

Current Approval Amount

232054.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01862-1275

CD

MA-03

Jobs Reported

12

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1900.00

Payroll Proceed

213554.00

Mortgage Interest Proceed

0.00

Rent Proceed

2400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233338.24

Forgiveness Date

11/03/2020

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