PPP Loan information for B & b produce, inc

$203,514

B & b produce, inc was initially approved for PPP Loan of amount $203,514, the current approved amount is $203,514. The loan was approved on 05/01/2020 by The Truist Bank reported 30 jobs and $203,514 was used to fund payroll.

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

B & B PRODUCE, INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

B & B PRODUCE, INC

Borrower Address

2778 NC 50 South

Borrower City

Benson

Borrower State

NC

Borrower Zip

27504

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

203513.85

Current Approval Amount

203513.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Benson

Project County Name

JOHNSTON

Project State

NC

Project Zip

27504-0001

CD

NC-13

Jobs Reported

30

NAICS Code

424480

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

203513.85

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

204961.06

Forgiveness Date

01/25/2021

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