PPP Loan information for B+b electric co inc

$805,378

B+b electric co inc was initially approved for PPP Loan of amount $805,378, the current approved amount is $805,378. The loan was approved on 02/10/2021 by The Central Bank & Trust Co. reported 59 jobs and $805,378 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

02/10/2021

SBA Office Code

0457

Processing Method

PPS

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

08/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

805377.50

Current Approval Amount

805377.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

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

59

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

805372.50

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

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

704583.40

Forgiveness Date

07/27/2021

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