PPP Loan information for B & e franchises inc

$285,000

B & e franchises inc was initially approved for PPP Loan of amount $285,000, the current approved amount is $285,000. The loan was approved on 03/31/2021 by The NSB Bank reported 18 jobs and $285,000 was used to fund payroll.

B & e franchises inc is Existing or more than 2 years old

PPP Loan Search / IA / Mason City / B & e franchises inc

B & E FRANCHISES INC

Date Approved

03/31/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

B & E FRANCHISES INC

Borrower Address

610 S Washington Ave

Borrower City

Mason City

Borrower State

IA

Borrower Zip

50401-5038

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

285000.00

Current Approval Amount

285000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25313

Servicing Lender Name

NSB Bank

Servicing Lender Address

2650 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4651

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mason City

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-5038

CD

IA-02

Jobs Reported

18

NAICS Code

561330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

284994.00

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

Subchapter S Corporation

Originating Lender Location Id

25313

Originating Lender

NSB Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

287921.25

Forgiveness Date

04/07/2022

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