PPP Loan information for B & g electric inc.

$36,017

B & g electric inc. was initially approved for PPP Loan of amount $36,017, the current approved amount is $36,017. The loan was approved on 03/13/2021 by The Truist Bank reported 5 jobs and $36,017 was used to fund payroll.

B & g electric inc. is Existing or more than 2 years old

B & G ELECTRIC INC.

Date Approved

03/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

B & G ELECTRIC INC.

Borrower Address

17202 Whites Landing Rd

Borrower City

Brandywine

Borrower State

MD

Borrower Zip

20613-8609

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

36017.00

Current Approval Amount

36017.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brandywine

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20613-8609

CD

MD-05

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36016.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36234.10

Forgiveness Date

10/25/2021

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