PPP Loan information for B & g food enterprises inc

$3,957,400

B & g food enterprises inc was initially approved for PPP Loan of amount $3,957,400, the current approved amount is $3,957,400. The loan was approved on 04/06/2020 by The b1BANK reported 500 jobs and $3,957,400 was used to fund payroll.

B & g food enterprises inc is Existing or more than 2 years old

B & G FOOD ENTERPRISES INC

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

B & G FOOD ENTERPRISES INC

Borrower Address

1430 SANDRA ST

Borrower City

MORGAN CITY

Borrower State

LA

Borrower Zip

70380-2136

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3957400.00

Current Approval Amount

3957400.00

Undisbursed Amount

0.00

Franchise Name

Taco Bell

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGAN CITY

Project County Name

SAINT MARY

Project State

LA

Project Zip

70380-2136

CD

LA-03

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

405000.00

Payroll Proceed

2940400.00

Mortgage Interest Proceed

0.00

Rent Proceed

305000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

57000.00

Debt Interest Proceed

250000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4006537.72

Forgiveness Date

07/02/2021

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