PPP Loan information for Babco services

$62,410

Babco services was initially approved for PPP Loan of amount $62,410, the current approved amount is $62,410. The loan was approved on 05/05/2020 by The Wells Fargo Bank, National Association reported 4 jobs and $62,410 was used to fund payroll.

Babco services is Existing or more than 2 years old

BABCO SERVICES

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BABCO SERVICES

Borrower Address

1584 SPERO RD

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27205

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62410.00

Current Approval Amount

62410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27205-0100

CD

NC-09

Jobs Reported

4

NAICS Code

562910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62410.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63275.19

Forgiveness Date

10/04/2021

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