PPP Loan information for B & l construction, inc.

$635,750

B & l construction, inc. was initially approved for PPP Loan of amount $635,750, the current approved amount is $635,750. The loan was approved on 04/27/2020 by The Liberty Bank reported 25 jobs and $635,750 was used to fund payroll.

B & l construction, inc. is Existing or more than 2 years old

B & L CONSTRUCTION, INC.

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

B & L CONSTRUCTION, INC.

Borrower Address

756 Middlesex Turnpike PO Box 814

Borrower City

Old Saybrook

Borrower State

CT

Borrower Zip

06475

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

635750.00

Current Approval Amount

635750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Old Saybrook

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06475-0001

CD

CT-02

Jobs Reported

25

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

635750.00

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

642407.72

Forgiveness Date

05/21/2021

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