PPP Loan information for Babb farms inc.

$47,000

Babb farms inc. was initially approved for PPP Loan of amount $47,000, the current approved amount is $47,000. The loan was approved on 03/06/2021 by The The First Bank and Trust Company reported 6 jobs and $47,000 was used to fund payroll.

Babb farms inc. is Existing or more than 2 years old

BABB FARMS INC.

Date Approved

03/06/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BABB FARMS INC.

Borrower Address

18493 Orbit Rd

Borrower City

Windsor

Borrower State

VA

Borrower Zip

23487-6670

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47000.00

Current Approval Amount

47000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Windsor

Project County Name

ISLE OF WIGHT

Project State

VA

Project Zip

23487-6670

CD

VA-02

Jobs Reported

6

NAICS Code

111920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46999.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47356.42

Forgiveness Date

12/15/2021

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