PPP Loan information for Fbt inc

$428,025

Fbt inc was initially approved for PPP Loan of amount $428,025, the current approved amount is $428,025. The loan was approved on 01/30/2021 by The Mechanics Bank reported 30 jobs and $428,025 was used to fund payroll.

Fbt inc is Existing or more than 2 years old

PPP Loan Search / CA / Bakersfield / Fbt inc

FBT INC

Date Approved

01/30/2021

SBA Office Code

0942

Processing Method

PPS

Borrower Name

FBT INC

Borrower Address

2572 S Union Ave

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93307-5009

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

428025.00

Current Approval Amount

428025.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93307-5009

CD

CA-22

Jobs Reported

30

NAICS Code

488510

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

428023.00

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

Subchapter S Corporation

Originating Lender Location Id

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

431104.40

Forgiveness Date

10/19/2021

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