PPP Loan information for B-n developments inc.

$193,400

B-n developments inc. was initially approved for PPP Loan of amount $193,400, the current approved amount is $193,400. The loan was approved on 04/05/2020 by The First State Bank reported 67 jobs and $193,400 was used to fund payroll.

B-n developments inc. is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / B-n developments inc.

B-N DEVELOPMENTS INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

B-N DEVELOPMENTS INC.

Borrower Address

3120 N. Kandy Lane

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-2806

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193400.00

Current Approval Amount

193400.00

Undisbursed Amount

0.00

Franchise Name

DQ Grill & Chill Operating Agreement (America Dairy Queen)

Servicing Lender Location Id

21955

Servicing Lender Name

First State Bank

Servicing Lender Address

706 Washington St

Servicing Lender City

MENDOTA

Servicing Lender State

IL

Servicing Lender Zip

61342-1628

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62526-2806

CD

IL-13

Jobs Reported

67

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9670.00

Payroll Proceed

164390.00

Mortgage Interest Proceed

19340.00

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

21955

Originating Lender

First State Bank

Originating Lender City

MENDOTA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

194655.78

Forgiveness Date

12/09/2020

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