PPP Loan information for B & f machine co inc

$2,000,000

B & f machine co inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/25/2021 by The Bank of America, National Association reported 170 jobs and $2,000,000 was used to fund payroll.

B & f machine co inc is Existing or more than 2 years old

B & F MACHINE CO INC

Date Approved

03/25/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

B & F MACHINE CO INC

Borrower Address

145 Edgewood Ave

Borrower City

New Britain

Borrower State

CT

Borrower Zip

06051-4109

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Britain

Project County Name

HARTFORD

Project State

CT

Project Zip

06051-4109

CD

CT-05

Jobs Reported

170

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999999.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2017369.86

Forgiveness Date

02/11/2022

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