B & E FRANCHISES INC (IA) - 2020 PPP Loan Borrower Profile (# 3604758705)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B & E FRANCHISES 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 Iowa.

Loan Detail

Loan Number

3604758705

SBA Office Code

0761

Processing Method

PPS

Curent Loan Amount

$285,000

Date Loan was Approved

Mar 31, 2021

Amount Forgiven

$287,921.25

Date Loan was Forgiven

Apr 7, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

284,994

Lender

NSB Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

561330

Borrower Location

Mason City, IA

Project Location

Mason City, IA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.