B & R DISTRIBUTORS, INC (IN) - 2020 PPP Loan Borrower Profile (# 1944007105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B & R DISTRIBUTORS, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

1944007105

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$99,890

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$100,752.06

Date Loan was Forgiven

Mar 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,659

Payroll Proced

79,912

Rent Proceed

6,659

Debt Interest Proceed

6,660

Lender

Horizon Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

424810

Borrower Location

GREENWOOD, IN

Project Location

GREENWOOD, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.