PPP Loan information for Babbitt manufacturing co., inc.

$92,998

Babbitt manufacturing co., inc. was initially approved for PPP Loan of amount $87,500, the current approved amount is $92,998. The loan was approved on 06/23/2020 by The Trenton Business Assistance Corporation reported 9 jobs and $92,998 was used to fund payroll.

Babbitt manufacturing co., inc. is Existing or more than 2 years old

BABBITT MANUFACTURING CO., INC.

Date Approved

06/23/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BABBITT MANUFACTURING CO., INC.

Borrower Address

719 Park Avenue

Borrower City

Vineland

Borrower State

NJ

Borrower Zip

08360-3231

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

92998.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445196

Servicing Lender Name

Trenton Business Assistance Corporation

Servicing Lender Address

3111 Quakerbridge Road 2nd Floor

Servicing Lender City

Mercerville

Servicing Lender State

NJ

Servicing Lender Zip

08619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Vineland

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08360-3231

CD

NJ-02

Jobs Reported

9

NAICS Code

238390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92998.00

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

445196

Originating Lender

Trenton Business Assistance Corporation

Originating Lender City

Mercerville

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

93520.32

Forgiveness Date

02/16/2021

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