PPP Loan information for Babylon restaurant group inc

$233,572

Babylon restaurant group inc was initially approved for PPP Loan of amount $233,572, the current approved amount is $233,572. The loan was approved on 02/10/2021 by The Loan Source Incorporated reported 31 jobs and $233,572 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

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BABYLON RESTAURANT GROUP INC

Borrower Address

888 W Big Beaver Rd Ste 119

Borrower City

Troy

Borrower State

MI

Borrower Zip

48084-4723

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

233572.00

Current Approval Amount

233572.00

Undisbursed Amount

0.00

Franchise Name

The Melting Pot

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

48084-4723

CD

MI-11

Jobs Reported

31

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

233570.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

236701.22

Forgiveness Date

06/22/2022

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