PPP Loan information for B & b electric motor service inc

$52,860

B & b electric motor service inc was initially approved for PPP Loan of amount $52,860, the current approved amount is $52,860. The loan was approved on 01/23/2021 by The Wray State Bank reported 7 jobs and $52,860 was used to fund payroll.

B & b electric motor service inc is Existing or more than 2 years old

PPP Loan Search / CO / Wray / B & b electric motor service inc

B & B ELECTRIC MOTOR SERVICE INC

Date Approved

01/23/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

B & B ELECTRIC MOTOR SERVICE INC

Borrower Address

34346 US Highway 385

Borrower City

Wray

Borrower State

CO

Borrower Zip

80758-9329

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52860.00

Current Approval Amount

52860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15780

Servicing Lender Name

Wray State Bank

Servicing Lender Address

300 Clay St

Servicing Lender City

WRAY

Servicing Lender State

CO

Servicing Lender Zip

80758-1620

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wray

Project County Name

YUMA

Project State

CO

Project Zip

80758-9329

CD

CO-04

Jobs Reported

7

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52857.00

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

15780

Originating Lender

Wray State Bank

Originating Lender City

WRAY

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53081.58

Forgiveness Date

06/30/2021

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