PPP Loan information for B & b welding inc.

$302,640

B & b welding inc. was initially approved for PPP Loan of amount $302,640, the current approved amount is $302,640. The loan was approved on 02/27/2021 by The CNB Bank reported 14 jobs and $302,640 was used to fund payroll.

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

PPP Loan Search / NM / Carlsbad / B & b welding inc.

B & B WELDING INC.

Date Approved

02/27/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

B & B WELDING INC.

Borrower Address

306 S Halagueno St

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220-5631

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

302640.00

Current Approval Amount

302640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45735

Servicing Lender Name

CNB Bank

Servicing Lender Address

202 W Stevens St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5837

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlsbad

Project County Name

EDDY

Project State

NM

Project Zip

88220-5631

CD

NM-02

Jobs Reported

14

NAICS Code

237120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

302638.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45735

Originating Lender

CNB Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306826.52

Forgiveness Date

07/14/2022

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