PPP Loan information for B & l machine & fabrication inc

$230,062

B & l machine & fabrication inc was initially approved for PPP Loan of amount $230,062, the current approved amount is $230,062. The loan was approved on 02/11/2021 by The TowneBank reported 20 jobs and $230,062 was used to fund payroll.

B & l machine & fabrication inc is Existing or more than 2 years old

PPP Loan Search / VA / Norfolk / B & l machine & fabrication inc

B & L MACHINE & FABRICATION INC

Date Approved

02/11/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

B & L MACHINE & FABRICATION INC

Borrower Address

3411 Amherst St

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23513-4057

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

230062.00

Current Approval Amount

230062.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23513-4057

CD

VA-03

Jobs Reported

20

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

230060.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

230988.64

Forgiveness Date

07/12/2021

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