PPP Loan information for B corporation

$62,700

B corporation was initially approved for PPP Loan of amount $62,700, the current approved amount is $62,700. The loan was approved on 05/04/2020 by The Citizens Bank, National Association reported 7 jobs and $62,700 was used to fund payroll.

B corporation is Existing or more than 2 years old

B CORPORATION

Date Approved

05/04/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

B CORPORATION

Borrower Address

191 College St

Borrower City

Burlington

Borrower State

VT

Borrower Zip

05401

Loan Status Date

03/18/2022

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

62700.00

Current Approval Amount

62700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05401-0001

CD

VT-

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62700.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6905.07

Forgiveness Date

10/06/2021

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