PPP Loan information for Babc overfelt llc

$191,700

Babc overfelt llc was initially approved for PPP Loan of amount $191,700, the current approved amount is $191,700. The loan was approved on 01/27/2021 by The The Bank of Marion reported 35 jobs and $191,700 was used to fund payroll.

Babc overfelt llc is Existing or more than 2 years old

PPP Loan Search / TN / Morristown / Babc overfelt llc

BABC OVERFELT LLC

Date Approved

01/27/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

BABC OVERFELT LLC

Borrower Address

2905 W Andrew Johnson Hwy

Borrower City

Morristown

Borrower State

TN

Borrower Zip

37814-3612

Loan Status Date

04/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

191700.00

Current Approval Amount

191700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

HAMBLEN

Project State

TN

Project Zip

37814-3612

CD

TN-01

Jobs Reported

35

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

191699.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

193779.81

Forgiveness Date

03/07/2022

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