# PPP loan: B & E FRANCHISES INC
> **$285K** approved 03/31/2021 · Paid in Full · Loan `3604758705`
## Borrower
- **Name:** B & E FRANCHISES INC
- **Address:** 610 S Washington Ave, Mason City, IA, 50401-5038
- **NAICS:** 561330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 04/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $285K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** NSB Bank
- **Servicing:** NSB Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*