PPP Loan information for Babington technology llc

$374,700

Babington technology llc was initially approved for PPP Loan of amount $196,700, the current approved amount is $374,700. The loan was approved on 04/09/2020 by The Truist Bank reported 9 jobs and $374,700 was used to fund payroll.

Babington technology llc is Existing or more than 2 years old

BABINGTON TECHNOLOGY LLC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BABINGTON TECHNOLOGY LLC

Borrower Address

159 FABRICATION WAY

Borrower City

ROCKY MOUNT

Borrower State

NC

Borrower Zip

27804-9356

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196700.00

Current Approval Amount

374700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

NASH

Project State

NC

Project Zip

27804-9356

CD

NC-01

Jobs Reported

9

NAICS Code

333414

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

374700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

378800.88

Forgiveness Date

05/21/2021

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