PPP Loan information for B & b distributors inc

$1,047,500

B & b distributors inc was initially approved for PPP Loan of amount $1,047,500, the current approved amount is $1,047,500. The loan was approved on 04/14/2020 by The First-Citizens Bank & Trust Company reported 82 jobs and $1,047,500 was used to fund payroll.

B & b distributors inc is New Business or 2 years or less

B & B DISTRIBUTORS INC

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

B & B DISTRIBUTORS INC

Borrower Address

1600 Porter Rd.

Borrower City

ROCK HILL

Borrower State

SC

Borrower Zip

29730

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1047500.00

Current Approval Amount

1047500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCK HILL

Project County Name

YORK

Project State

SC

Project Zip

29730-0001

CD

SC-05

Jobs Reported

82

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1047500.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1058835.96

Forgiveness Date

05/21/2021

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