PPP Loan information for B&g manufacturing co. inc

$2,000,000

B&g manufacturing co. inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The Fulton Bank, National Association reported 185 jobs and $2,000,000 was used to fund payroll.

B&g manufacturing co. inc is Existing or more than 2 years old

B&G MANUFACTURING CO. INC

Date Approved

01/23/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

B&G MANUFACTURING CO. INC

Borrower Address

3067 Unionville Pike

Borrower City

Hatfield

Borrower State

PA

Borrower Zip

19440-1822

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hatfield

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19440-1822

CD

PA-01

Jobs Reported

185

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2012493.15

Forgiveness Date

09/10/2021

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