PPP Loan information for B & g transportation inc

$242,945

B & g transportation inc was initially approved for PPP Loan of amount $242,945, the current approved amount is $242,945. The loan was approved on 03/01/2021 by The Lea County State Bank reported 66 jobs and $242,945 was used to fund payroll.

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

PPP Loan Search / NM / Hobbs / B & g transportation inc

B & G TRANSPORTATION INC

Date Approved

03/01/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

B & G TRANSPORTATION INC

Borrower Address

5424 N Energy Place

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242945.00

Current Approval Amount

242945.00

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

CD

NM-02

Jobs Reported

66

NAICS Code

485510

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

242941.00

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

45791

Originating Lender

Lea County State Bank

Originating Lender City

HOBBS

Originating Lender State

NM

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

244848.62

Forgiveness Date

12/14/2021

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