B & B Electrical & Utility Contractors

$5,233,500 PPP Loan in Canton, Mississippi

Loan Details

Loan Number
7549477005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$5,233,500
Current Approval
$5,233,500
Forgiveness Amount
$5,290,487
Forgiveness Date
May 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B & B Electrical & Utility Contractors
Address
530 Soldier Colony Rd
City
Canton
ZIP Code
39046-9727
Business Type
Corporation
Industry (NAICS)
Construction (237130)
Business Age
Existing or more than 2 years old
Jobs Reported
295
Estimated Revenue
$91.4M
Rural/Urban
Urban
Congressional District
MS-02

Loan Use Breakdown

Payroll
$4,839,614
Rent
$115,000
Utilities
$8,929
Health Care
$137,777
Debt Interest
$132,181

Lender Information

Servicing Lender
Bankplus
Originating Lender
Bankplus

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