PPP Loan information for B & c industries inc

$346,262

B & c industries inc was initially approved for PPP Loan of amount $346,262, the current approved amount is $346,262. The loan was approved on 01/19/2021 by The Cumberland Security Bank reported 55 jobs and $346,262 was used to fund payroll.

B & c industries inc is Existing or more than 2 years old

PPP Loan Search / KY / Somerset / B & c industries inc

B & C INDUSTRIES INC

Date Approved

01/19/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

B & C INDUSTRIES INC

Borrower Address

1730 Highway 2227

Borrower City

Somerset

Borrower State

KY

Borrower Zip

42503-7040

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

346261.60

Current Approval Amount

346261.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27923

Servicing Lender Name

Cumberland Security Bank

Servicing Lender Address

107 S Main St

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-2005

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

PULASKI

Project State

KY

Project Zip

42503-7040

CD

KY-05

Jobs Reported

55

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

346256.60

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

27923

Originating Lender

Cumberland Security Bank

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

347925.58

Forgiveness Date

07/14/2021

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