PPP Loan information for Baba inc

$761,100

Baba inc was initially approved for PPP Loan of amount $761,100, the current approved amount is $761,100. The loan was approved on 04/07/2020 by The Commerce Bank reported 185 jobs and $761,100 was used to fund payroll.

Baba inc is Existing or more than 2 years old

BABA INC

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BABA INC

Borrower Address

855 Moody Road

Borrower City

RENSSELAER

Borrower State

IN

Borrower Zip

47978

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

761100.00

Current Approval Amount

761100.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RENSSELAER

Project County Name

JASPER

Project State

IN

Project Zip

47978-0001

CD

IN-04

Jobs Reported

185

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

93100.00

Payroll Proceed

570800.00

Mortgage Interest Proceed

0.00

Rent Proceed

97200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

768753.28

Forgiveness Date

04/14/2021

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