PPP Loan information for B & i sound inc.

$62,700

B & i sound inc. was initially approved for PPP Loan of amount $62,700, the current approved amount is $62,700. The loan was approved on 04/16/2020 by The The Old Point National Bank of Phoebus reported 7 jobs and $62,700 was used to fund payroll.

B & i sound inc. is Existing or more than 2 years old

B & I SOUND INC.

Date Approved

04/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

B & I SOUND INC.

Borrower Address

3445 Holly Fork Road

Borrower City

BARHAMSVILLE

Borrower State

VA

Borrower Zip

23011-2256

Loan Status Date

05/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62700.00

Current Approval Amount

62700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARHAMSVILLE

Project County Name

NEW KENT

Project State

VA

Project Zip

23011-2256

CD

VA-01

Jobs Reported

7

NAICS Code

512290

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63370.54

Forgiveness Date

05/20/2021

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