PPP Loan information for Babel street, inc.

$2,228,655

Babel street, inc. was initially approved for PPP Loan of amount $2,228,655, the current approved amount is $2,228,655. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 110 jobs and $2,228,655 was used to fund payroll.

Babel street, inc. is New Business or 2 years or less

BABEL STREET, INC.

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BABEL STREET, INC.

Borrower Address

1818 LIBRARY ST STE 500

Borrower City

RESTON

Borrower State

VA

Borrower Zip

20190-6274

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2228655.00

Current Approval Amount

2228655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RESTON

Project County Name

FAIRFAX

Project State

VA

Project Zip

20190-6274

CD

VA-11

Jobs Reported

110

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2228655.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2256986.40

Forgiveness Date

08/13/2021

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