PPP Loan information for Babylon restaurant group, inc

$166,837

Babylon restaurant group, inc was initially approved for PPP Loan of amount $166,837, the current approved amount is $166,837. The loan was approved on 04/13/2020 by The The State Bank reported 32 jobs and $166,837 was used to fund payroll.

Babylon restaurant group, inc is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Babylon restaurant group, inc

BABYLON RESTAURANT GROUP, INC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BABYLON RESTAURANT GROUP, INC

Borrower Address

888 W BIG BEAVER RD

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084-4706

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166837.00

Current Approval Amount

166837.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-4706

CD

MI-11

Jobs Reported

32

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

166837.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

157820.99

Forgiveness Date

12/08/2020

;