PPP Loan information for B&b engineering corporation

$317,600

B&b engineering corporation was initially approved for PPP Loan of amount $372,700, the current approved amount is $317,600. The loan was approved on 04/06/2020 by The Institution for Savings In Newburyport and its Vicinity reported 23 jobs and $317,600 was used to fund payroll.

B&b engineering corporation is Existing or more than 2 years old

PPP Loan Search / MA / GEORGETOWN / B&b engineering corporation

B&B ENGINEERING CORPORATION

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

B&B ENGINEERING CORPORATION

Borrower Address

7 Park Street

Borrower City

GEORGETOWN

Borrower State

MA

Borrower Zip

01833-2022

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372700.00

Current Approval Amount

317600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33175

Servicing Lender Name

Institution for Savings In Newburyport and its Vicinity

Servicing Lender Address

93 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GEORGETOWN

Project County Name

ESSEX

Project State

MA

Project Zip

01833-2022

CD

MA-06

Jobs Reported

23

NAICS Code

334290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26466.00

Payroll Proceed

238200.00

Mortgage Interest Proceed

0.00

Rent Proceed

26467.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26467.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33175

Originating Lender

Institution for Savings In Newburyport and its Vicinity

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

320288.72

Forgiveness Date

02/18/2021

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