PPP Loan information for Babbitt bearings inc

$493,042

Babbitt bearings inc was initially approved for PPP Loan of amount $493,042, the current approved amount is $493,042. The loan was approved on 03/23/2021 by The Manufacturers and Traders Trust Company reported 29 jobs and $493,042 was used to fund payroll.

Babbitt bearings inc is Existing or more than 2 years old

PPP Loan Search / NY / Syracuse / Babbitt bearings inc

BABBITT BEARINGS INC

Date Approved

03/23/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

BABBITT BEARINGS INC

Borrower Address

734 Burnet Ave

Borrower City

Syracuse

Borrower State

NY

Borrower Zip

13203-2902

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

493042.00

Current Approval Amount

493042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Syracuse

Project County Name

ONONDAGA

Project State

NY

Project Zip

13203-2902

CD

NY-22

Jobs Reported

29

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

493037.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

497958.91

Forgiveness Date

03/28/2022

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