PPP Loan information for B&b electric, inc

$232,200

B&b electric, inc was initially approved for PPP Loan of amount $232,200, the current approved amount is $232,200. The loan was approved on 04/03/2020 by The Timberline Bank reported 21 jobs and $232,200 was used to fund payroll.

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

B&B ELECTRIC, INC

Date Approved

04/03/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

B&B ELECTRIC, INC

Borrower Address

704 23 2/10 RD

Borrower City

GRAND JUNCTION

Borrower State

CO

Borrower Zip

81505-8707

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232200.00

Current Approval Amount

232200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND JUNCTION

Project County Name

MESA

Project State

CO

Project Zip

81505-8707

CD

CO-03

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174150.00

Mortgage Interest Proceed

0.00

Rent Proceed

58050.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

233677.05

Forgiveness Date

11/27/2020

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