PPP Loan information for K & b concepts llc

$131,600

K & b concepts llc was initially approved for PPP Loan of amount $131,600, the current approved amount is $131,600. The loan was approved on 01/23/2021 by The TowneBank reported 20 jobs and $131,600 was used to fund payroll.

K & b concepts llc is Existing or more than 2 years old

K & B CONCEPTS LLC

Date Approved

01/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

K & B CONCEPTS LLC

Borrower Address

124 Granby St

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23510-1604

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

131600.00

Current Approval Amount

131600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23510-1604

CD

VA-03

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

131596.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132415.19

Forgiveness Date

09/15/2021

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