PPP Loan information for B&b brothers inc

$129,500

B&b brothers inc was initially approved for PPP Loan of amount $129,500, the current approved amount is $129,500. The loan was approved on 04/15/2020 by The Park State Bank reported 11 jobs and $129,500 was used to fund payroll.

B&b brothers inc is Existing or more than 2 years old

B&B BROTHERS INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

B&B BROTHERS INC

Borrower Address

1411 E Highway 169

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-1200

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129500.00

Current Approval Amount

129500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-1200

CD

MN-08

Jobs Reported

11

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15862.00

Payroll Proceed

103638.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130226.64

Forgiveness Date

11/12/2020

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