PPP Loan information for B&b welding, inc

$240,300

B&b welding, inc was initially approved for PPP Loan of amount $240,300, the current approved amount is $240,300. The loan was approved on 04/04/2020 by The CNB Bank reported 13 jobs and $240,300 was used to fund payroll.

B&b welding, inc is Existing or more than 2 years old

B&B WELDING, INC

Date Approved

04/04/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

B&B WELDING, INC

Borrower Address

PO Box 218

Borrower City

CARLSBAD

Borrower State

NM

Borrower Zip

88220

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240300.00

Current Approval Amount

240300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45735

Servicing Lender Name

CNB Bank

Servicing Lender Address

202 W Stevens St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5837

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARLSBAD

Project County Name

EDDY

Project State

NM

Project Zip

88220-2000

CD

NM-02

Jobs Reported

13

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

240300.00

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

45735

Originating Lender

CNB Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

241895.32

Forgiveness Date

12/09/2020

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