PPP Loan information for B & g transportation, inc.

$242,900

B & g transportation, inc. was initially approved for PPP Loan of amount $242,900, the current approved amount is $242,900. The loan was approved on 04/13/2020 by The Lea County State Bank reported 66 jobs and $242,900 was used to fund payroll.

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

B & G TRANSPORTATION, INC.

Date Approved

04/13/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

B & G TRANSPORTATION, INC.

Borrower Address

5424 N Energy Place

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240

Loan Status Date

02/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242900.00

Current Approval Amount

242900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45791

Servicing Lender Name

Lea County State Bank

Servicing Lender Address

1017 N Turner

Servicing Lender City

HOBBS

Servicing Lender State

NM

Servicing Lender Zip

88240-5150

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOBBS

Project County Name

LEA

Project State

NM

Project Zip

88240-0200

CD

NM-03

Jobs Reported

66

NAICS Code

485410

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

2276.00

Payroll Proceed

208979.00

Mortgage Interest Proceed

0.00

Rent Proceed

27533.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4112

Business Type

Subchapter S Corporation

Originating Lender Location Id

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

245182.59

Forgiveness Date

03/31/2021

;