PPP Loan information for B+b electric co., inc.

$805,377

B+b electric co., inc. was initially approved for PPP Loan of amount $805,377, the current approved amount is $805,377. The loan was approved on 04/27/2020 by The Central Kentucky Agricultural Credit Association reported 25 jobs and $805,377 was used to fund payroll.

B+b electric co., inc. is Existing or more than 2 years old

B+B ELECTRIC CO., INC.

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

B+B ELECTRIC CO., INC.

Borrower Address

1460 SUNSHINE LN

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40505-2910

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

805377.00

Current Approval Amount

805377.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528983

Servicing Lender Name

Central Kentucky Agricultural Credit Association

Servicing Lender Address

640 South Broadway Room 108

Servicing Lender City

Lexington

Servicing Lender State

KY

Servicing Lender Zip

40508

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40505-2910

CD

KY-06

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17500.00

Payroll Proceed

747877.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

528983

Originating Lender

Central Kentucky Agricultural Credit Association

Originating Lender City

Lexington

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

813761.75

Forgiveness Date

05/21/2021

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