PPP Loan information for Jj babbitt company inc.

$492,500

Jj babbitt company inc. was initially approved for PPP Loan of amount $492,500, the current approved amount is $492,500. The loan was approved on 04/14/2020 by The First State Bank of Middlebury reported 46 jobs and $492,500 was used to fund payroll.

Jj babbitt company inc. is Existing or more than 2 years old

JJ BABBITT COMPANY INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

JJ BABBITT COMPANY INC.

Borrower Address

2201 INDUSTRIAL PKWY

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46516-5409

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492500.00

Current Approval Amount

492500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46516-5409

CD

IN-02

Jobs Reported

46

NAICS Code

339992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

123125.00

Payroll Proceed

369375.00

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

Subchapter S Corporation

Originating Lender Location Id

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

496371.60

Forgiveness Date

02/01/2021

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