PPP Loan information for B-bam logistics, inc.

$159,638

B-bam logistics, inc. was initially approved for PPP Loan of amount $115,540, the current approved amount is $159,638. The loan was approved on 04/05/2020 by The West Bank reported 12 jobs and $159,638 was used to fund payroll.

B-bam logistics, inc. is New Business or 2 years or less

B-BAM LOGISTICS, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

B-BAM LOGISTICS, INC.

Borrower Address

218 STEARNS DR

Borrower City

SAUK RAPIDS

Borrower State

MN

Borrower Zip

56379-2520

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115540.00

Current Approval Amount

159638.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAUK RAPIDS

Project County Name

BENTON

Project State

MN

Project Zip

56379-2520

CD

MN-06

Jobs Reported

12

NAICS Code

541614

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159638.00

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

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161164.40

Forgiveness Date

03/31/2021

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