PPP Loan information for Bbc distributing, llc

$287,978

Bbc distributing, llc was initially approved for PPP Loan of amount $287,978, the current approved amount is $287,978. The loan was approved on 04/29/2020 by The First National Bank of Michigan reported 36 jobs and $287,978 was used to fund payroll.

Bbc distributing, llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Bbc distributing, llc

BBC DISTRIBUTING, LLC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BBC DISTRIBUTING, LLC

Borrower Address

1601 STEELE AVE SW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49507-1524

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287978.00

Current Approval Amount

287978.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49507-1524

CD

MI-03

Jobs Reported

36

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

287978.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290613.20

Forgiveness Date

03/31/2021

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