PPP Loan information for B & b auto technicians inc

$24,916

B & b auto technicians inc was initially approved for PPP Loan of amount $24,990, the current approved amount is $24,916. The loan was approved on 04/14/2020 by The Horizon Bank reported 2 jobs and $24,916 was used to fund payroll.

B & b auto technicians inc is Existing or more than 2 years old

B & B AUTO TECHNICIANS INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

B & B AUTO TECHNICIANS INC

Borrower Address

1019 BAYLISS ST

Borrower City

MIDLAND

Borrower State

MI

Borrower Zip

48640

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24990.00

Current Approval Amount

24916.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

MI

Project Zip

48640-0030

CD

MI-04

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2499.00

Payroll Proceed

19932.00

Mortgage Interest Proceed

2485.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25073.00

Forgiveness Date

12/22/2020

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