PPP Loan information for B & b machine company

$256,200

B & b machine company was initially approved for PPP Loan of amount $256,200, the current approved amount is $256,200. The loan was approved on 04/13/2020 by The Regions Bank reported 23 jobs and $256,200 was used to fund payroll.

B & b machine company is Existing or more than 2 years old

B & B MACHINE COMPANY

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

B & B MACHINE COMPANY

Borrower Address

3016 Hwy 41 S,

Borrower City

Springfield

Borrower State

TN

Borrower Zip

37172-6141

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256200.00

Current Approval Amount

256200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

ROBERTSON

Project State

TN

Project Zip

37172-6141

CD

TN-06

Jobs Reported

23

NAICS Code

332710

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

256200.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258930.46

Forgiveness Date

05/11/2021

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