PPP Loan information for B & v systems inc

$288,000

B & v systems inc was initially approved for PPP Loan of amount $288,000, the current approved amount is $288,000. The loan was approved on 06/09/2020 by The Tower Community Bank reported 40 jobs and $288,000 was used to fund payroll.

B & v systems inc is Existing or more than 2 years old

B & V SYSTEMS INC

Date Approved

06/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

B & V SYSTEMS INC

Borrower Address

350 Willowbrook Dr

Borrower City

MANCHESTER

Borrower State

TN

Borrower Zip

37355

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

288000.00

Current Approval Amount

288000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68870

Servicing Lender Name

Tower Community Bank

Servicing Lender Address

4564 Main St

Servicing Lender City

JASPER

Servicing Lender State

TN

Servicing Lender Zip

37347-3504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

COFFEE

Project State

TN

Project Zip

37355-0500

CD

TN-06

Jobs Reported

40

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

288000.00

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

68870

Originating Lender

Tower Community Bank

Originating Lender City

JASPER

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

228418.46

Forgiveness Date

07/15/2021

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