PPP Loan information for Babatek inc

$166,500

Babatek inc was initially approved for PPP Loan of amount $166,500, the current approved amount is $166,500. The loan was approved on 04/29/2020 by The City National Bank reported 18 jobs and $166,500 was used to fund payroll.

Babatek inc is Existing or more than 2 years old

BABATEK INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BABATEK INC

Borrower Address

850 CAROLIER LN FL 1

Borrower City

NORTH BRUNSWICK

Borrower State

NJ

Borrower Zip

08902-3312

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166500.00

Current Approval Amount

166500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08902-3312

CD

NJ-12

Jobs Reported

18

NAICS Code

541519

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

166500.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

168101.14

Forgiveness Date

04/21/2021

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