PPP Loan information for Babro investments inc

$51,481

Babro investments inc was initially approved for PPP Loan of amount $51,481, the current approved amount is $51,481. The loan was approved on 02/24/2021 by The Bangor Savings Bank reported 18 jobs and $51,481 was used to fund payroll.

Babro investments inc is Existing or more than 2 years old

BABRO INVESTMENTS INC

Date Approved

02/24/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

BABRO INVESTMENTS INC

Borrower Address

36 Cove St 409 North Main Street

Borrower City

Brewer

Borrower State

ME

Borrower Zip

04412-2501

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51481.00

Current Approval Amount

51481.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brewer

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04412-2501

CD

ME-02

Jobs Reported

18

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

51475.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51948.62

Forgiveness Date

01/19/2022

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