B & N Grading, Inc.
$985,000 PPP Loan in Charlotte, North Carolina
Loan Details
- Loan Number
- 5684527000
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $985,000
- Current Approval
- $946,508
- Forgiveness Amount
- $955,014
- Forgiveness Date
- Mar 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- B & N Grading, Inc.
- Address
- Po Box 790496
- City
- Charlotte
- State
- North Carolina
- ZIP Code
- 28206
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 63
- Estimated Revenue
- $14.6M
- Rural/Urban
- Urban
- Congressional District
- NC-12
Loan Use Breakdown
- Payroll
- $868,976
- Rent
- $9,200
- Utilities
- $20,757
- Health Care
- $29,575
- Debt Interest
- $18,000
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- Stearns Bank National Association
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