PPP Loan information for Babcock genetics inc

$125,087

Babcock genetics inc was initially approved for PPP Loan of amount $125,087, the current approved amount is $125,087. The loan was approved on 04/05/2020 by The Sterling State Bank reported 9 jobs and $125,087 was used to fund payroll.

Babcock genetics inc is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Babcock genetics inc

BABCOCK GENETICS INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BABCOCK GENETICS INC

Borrower Address

1856 SPRUCE MEADOWS DR SE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55904-2933

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125087.00

Current Approval Amount

125087.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-2933

CD

MN-01

Jobs Reported

9

NAICS Code

112210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125087.00

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126699.23

Forgiveness Date

07/19/2021

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