# PPP loan: B&B LABORATORIES INC.
> **$248K** approved 03/18/2021 · Paid in Full · Loan `4558558609`
## Borrower
- **Name:** B&B LABORATORIES INC.
- **Address:** 14391 S Dowling Rd Bldg B, College Station, TX, 77845-3473
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*