PPP Loan information for B & b oilfield equipment corp., inc.

$359,500

B & b oilfield equipment corp., inc. was initially approved for PPP Loan of amount $359,500, the current approved amount is $359,500. The loan was approved on 04/07/2020 by The Isabella Bank reported 18 jobs and $359,500 was used to fund payroll.

B & b oilfield equipment corp., inc. is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / B & b oilfield equipment corp., inc.

B & B OILFIELD EQUIPMENT CORP., INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

B & B OILFIELD EQUIPMENT CORP., INC.

Borrower Address

2194 Commerce Dr

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-9060

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

359500.00

Current Approval Amount

359500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-9060

CD

MI-02

Jobs Reported

18

NAICS Code

213112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10700.00

Payroll Proceed

267000.00

Mortgage Interest Proceed

0.00

Rent Proceed

59000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22800.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

363636.71

Forgiveness Date

06/10/2021

;