PPP Loan information for B & n machine inc

$72,300

B & n machine inc was initially approved for PPP Loan of amount $72,300, the current approved amount is $72,300. The loan was approved on 04/07/2020 by The United Bank of Union reported 7 jobs and $72,300 was used to fund payroll.

B & n machine inc is Existing or more than 2 years old

B & N MACHINE INC

Date Approved

04/07/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

B & N MACHINE INC

Borrower Address

1008 A LOFTING INDUSTRIAL DR

Borrower City

SAINT CLAIR

Borrower State

MO

Borrower Zip

63077-1083

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72300.00

Current Approval Amount

72300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41696

Servicing Lender Name

United Bank of Union

Servicing Lender Address

15 E Main St

Servicing Lender City

UNION

Servicing Lender State

MO

Servicing Lender Zip

63084-1615

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLAIR

Project County Name

FRANKLIN

Project State

MO

Project Zip

63077-1083

CD

MO-02

Jobs Reported

7

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

57860.00

Mortgage Interest Proceed

7440.00

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

41696

Originating Lender

United Bank of Union

Originating Lender City

UNION

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72743.84

Forgiveness Date

11/25/2020

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