PPP Loan information for B & n grading, inc.

$946,508

B & n grading, inc. was initially approved for PPP Loan of amount $985,000, the current approved amount is $946,508. The loan was approved on 04/06/2020 by The Loan Source Incorporated reported 63 jobs and $946,508 was used to fund payroll.

B & n grading, inc. is Existing or more than 2 years old

PPP Loan Search / NC / CHARLOTTE / B & n grading, inc.

B & N GRADING, INC.

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

B & N GRADING, INC.

Borrower Address

PO Box 790496

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28206

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

985000.00

Current Approval Amount

946508.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28206-0001

CD

NC-12

Jobs Reported

63

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20757.00

Payroll Proceed

868976.00

Mortgage Interest Proceed

0.00

Rent Proceed

9200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29575.00

Debt Interest Proceed

18000

Business Type

Subchapter S Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

955013.61

Forgiveness Date

03/09/2021

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