PPP Loan information for Babson & company

$146,000

Babson & company was initially approved for PPP Loan of amount $146,000, the current approved amount is $146,000. The loan was approved on 04/04/2020 by The Institution for Savings In Newburyport and its Vicinity reported 7 jobs and $146,000 was used to fund payroll.

Babson & company is Existing or more than 2 years old

PPP Loan Search / MA / GLOUCESTER / Babson & company

BABSON & COMPANY

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BABSON & COMPANY

Borrower Address

225 Washington Street

Borrower City

GLOUCESTER

Borrower State

MA

Borrower Zip

01930-2252

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146000.00

Current Approval Amount

146000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33175

Servicing Lender Name

Institution for Savings In Newburyport and its Vicinity

Servicing Lender Address

93 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6618

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLOUCESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01930-2252

CD

MA-06

Jobs Reported

7

NAICS Code

541211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18250.00

Payroll Proceed

109500.00

Mortgage Interest Proceed

18250.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

33175

Originating Lender

Institution for Savings In Newburyport and its Vicinity

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

145252.72

Forgiveness Date

04/08/2021

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