B&b Engineering Corporation

$372,700 PPP Loan in Georgetown, Massachusetts

Loan Details

Loan Number
5643397002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$372,700
Current Approval
$317,600
Forgiveness Amount
$320,289
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B&b Engineering Corporation
Address
7 Park Street
ZIP Code
01833-2022
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334290)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$238,200
Rent
$26,467
Utilities
$26,466
Health Care
$26,467

Lender Information

Servicing Lender
Institution for Savings in Newburyport and Its Vicinity
Originating Lender
Institution for Savings in Newburyport and Its Vicinity

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