PPP Loan information for B.&b.tool co. inc.

$194,943

B.&b.tool co. inc. was initially approved for PPP Loan of amount $194,943, the current approved amount is $194,943. The loan was approved on 01/22/2021 by The Thomaston Savings Bank reported 14 jobs and $194,943 was used to fund payroll.

B.&b.tool co. inc. is Existing or more than 2 years old

B.&B.TOOL CO. INC.

Date Approved

01/22/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

B.&B.TOOL CO. INC.

Borrower Address

35 Commerce Drive B&B Tool

Borrower City

Bristol

Borrower State

CT

Borrower Zip

06010

Loan Status Date

06/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194942.60

Current Approval Amount

194942.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

HARTFORD

Project State

CT

Project Zip

06010

CD

CT-01

Jobs Reported

14

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

194940.60

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

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197388.73

Forgiveness Date

05/10/2022

;