PPP Loan information for Bbc venture iv llc

$98,880

Bbc venture iv llc was initially approved for PPP Loan of amount $98,880, the current approved amount is $98,880. The loan was approved on 04/05/2020 by The Sterling Bank reported 42 jobs and $98,880 was used to fund payroll.

Bbc venture iv llc is New Business or 2 years or less

BBC VENTURE IV LLC

Date Approved

04/05/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

BBC VENTURE IV LLC

Borrower Address

1374 E MAIN ST

Borrower City

LEHI

Borrower State

UT

Borrower Zip

84043-9705

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98880.00

Current Approval Amount

98880.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

75627

Servicing Lender Name

Sterling Bank

Servicing Lender Address

234 E LaSalle Ave

Servicing Lender City

BARRON

Servicing Lender State

WI

Servicing Lender Zip

54812-1425

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LEHI

Project County Name

UTAH

Project State

UT

Project Zip

84043-9705

CD

UT-03

Jobs Reported

42

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

98880.00

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

75627

Originating Lender

Sterling Bank

Originating Lender City

BARRON

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99613.36

Forgiveness Date

01/08/2021

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