PPP Loan information for B&b electrical contractors, inc.

$245,785

B&b electrical contractors, inc. was initially approved for PPP Loan of amount $245,785, the current approved amount is $245,785. The loan was approved on 04/08/2020 by The New Tripoli Bank reported 18 jobs and $245,785 was used to fund payroll.

B&b electrical contractors, inc. is Existing or more than 2 years old

B&B ELECTRICAL CONTRACTORS, INC.

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

B&B ELECTRICAL CONTRACTORS, INC.

Borrower Address

613 N SAINT GEORGE ST

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18104-4169

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245784.60

Current Approval Amount

245784.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61169

Servicing Lender Name

New Tripoli Bank

Servicing Lender Address

6748 Madison St

Servicing Lender City

NEW TRIPOLI

Servicing Lender State

PA

Servicing Lender Zip

18066-3944

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18104-4169

CD

PA-07

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

245784.60

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

Subchapter S Corporation

Originating Lender Location Id

61169

Originating Lender

New Tripoli Bank

Originating Lender City

NEW TRIPOLI

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247521.93

Forgiveness Date

12/31/2020

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