PPP Loan information for Babarllc

$40,000

Babarllc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 03/03/2021 by The Sandy Spring Bank reported 10 jobs and $40,000 was used to fund payroll.

Babarllc is Existing or more than 2 years old

PPP Loan Search / MD / Silver Spring / Babarllc

BABARLLC

Date Approved

03/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

BABARLLC

Borrower Address

13800 Georgia Ave

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20906-2924

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20906-2924

CD

MD-08

Jobs Reported

10

NAICS Code

621111

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39997.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40307.95

Forgiveness Date

01/21/2022

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