PPP Loan information for Babar investment inc

$199,458

Babar investment inc was initially approved for PPP Loan of amount $199,458, the current approved amount is $199,458. The loan was approved on 03/18/2021 by The United Midwest Savings Bank, National Association reported 25 jobs and $199,458 was used to fund payroll.

Babar investment inc is Existing or more than 2 years old

BABAR INVESTMENT INC

Date Approved

03/18/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

BABAR INVESTMENT INC

Borrower Address

1101 Spring St

Borrower City

Zanesville

Borrower State

OH

Borrower Zip

43701-3831

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

199458.00

Current Approval Amount

199458.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

85712

Servicing Lender Name

United Midwest Savings Bank, National Association

Servicing Lender Address

101 S Main St

Servicing Lender City

DE GRAFF

Servicing Lender State

OH

Servicing Lender Zip

43318

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Zanesville

Project County Name

MUSKINGUM

Project State

OH

Project Zip

43701-3831

CD

OH-12

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

199454.00

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

85712

Originating Lender

United Midwest Savings Bank, National Association

Originating Lender City

DE GRAFF

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201906.90

Forgiveness Date

06/16/2022

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