PPP Loan information for B & e franchises inc

$75,000

B & e franchises inc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 05/28/2020 by The Celtic Bank Corporation reported 13 jobs and $75,000 was used to fund payroll.

B & e franchises inc is Existing or more than 2 years old

B & E FRANCHISES INC

Date Approved

05/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

B & E FRANCHISES INC

Borrower Address

610 South Washington Avenue

Borrower City

Mason City

Borrower State

IA

Borrower Zip

50401-5038

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mason City

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-5038

CD

IA-02

Jobs Reported

13

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9375.00

Payroll Proceed

56250.00

Mortgage Interest Proceed

0.00

Rent Proceed

9375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76015.07

Forgiveness Date

10/06/2021

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