# PPP loan: BBP II CO.
> **$248K** approved 01/19/2021 · Charged Off · Loan `1745978303`
## Borrower
- **Name:** BBP II CO.
- **Address:** 716 6th Ave, Tacoma, WA, 98405-4603
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $235K (95%)
- **Forgiveness date:** 02/08/2022
- **Status:** Charged Off
- **Term:** 43 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** American Lending Center
- **Servicing:** American Lending Center (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*