PPP Loan information for B & b electrical & utility contractors

$5,233,500

B & b electrical & utility contractors was initially approved for PPP Loan of amount $5,233,500, the current approved amount is $5,233,500. The loan was approved on 04/07/2020 by The BankPlus reported 295 jobs and $5,233,500 was used to fund payroll.

B & b electrical & utility contractors is Existing or more than 2 years old

PPP Loan Search / MS / CANTON / B & b electrical & utility contractors

B & B ELECTRICAL & UTILITY CONTRACTORS

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

B & B ELECTRICAL & UTILITY CONTRACTORS

Borrower Address

530 SOLDIER COLONY RD

Borrower City

CANTON

Borrower State

MS

Borrower Zip

39046-9727

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5233500.00

Current Approval Amount

5233500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

MADISON

Project State

MS

Project Zip

39046-9727

CD

MS-02

Jobs Reported

295

NAICS Code

237130

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

8928.58

Payroll Proceed

4839613.61

Mortgage Interest Proceed

0.00

Rent Proceed

115000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

137776.97

Debt Interest Proceed

132180.84

Business Type

Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5290487.00

Forgiveness Date

05/17/2021

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