PPP Loan information for B&b powder inc

$48,800

B&b powder inc was initially approved for PPP Loan of amount $48,800, the current approved amount is $48,800. The loan was approved on 04/29/2020 by The The National Bank of Blacksburg reported 7 jobs and $48,800 was used to fund payroll.

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

B&B POWDER INC

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

B&B POWDER INC

Borrower Address

212 Sugar Run Road

Borrower City

PEARISBURG

Borrower State

VA

Borrower Zip

24134-2646

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48800.00

Current Approval Amount

48800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEARISBURG

Project County Name

GILES

Project State

VA

Project Zip

24134-2646

CD

VA-09

Jobs Reported

7

NAICS Code

324121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36600.00

Mortgage Interest Proceed

0.00

Rent Proceed

12200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49151.63

Forgiveness Date

01/25/2021

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