PPP Loan information for Bbc venture i llc

$104,020

Bbc venture i llc was initially approved for PPP Loan of amount $104,020, the current approved amount is $104,020. The loan was approved on 04/05/2020 by The Sterling Bank reported 47 jobs and $104,020 was used to fund payroll.

Bbc venture i llc is Existing or more than 2 years old

BBC VENTURE I LLC

Date Approved

04/05/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

BBC VENTURE I LLC

Borrower Address

7165 S BINGHAM JUNCTION BLVD

Borrower City

MIDVALE

Borrower State

UT

Borrower Zip

84047-4756

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104020.00

Current Approval Amount

104020.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

75627

Servicing Lender Name

Sterling Bank

Servicing Lender Address

234 E LaSalle Ave

Servicing Lender City

BARRON

Servicing Lender State

WI

Servicing Lender Zip

54812-1425

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDVALE

Project County Name

SALT LAKE

Project State

UT

Project Zip

84047-4756

CD

UT-04

Jobs Reported

47

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104020.00

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

75627

Originating Lender

Sterling Bank

Originating Lender City

BARRON

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

104791.48

Forgiveness Date

01/08/2021

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