PPP Loan information for Babcon inc.

$505,700

Babcon inc. was initially approved for PPP Loan of amount $505,700, the current approved amount is $505,700. The loan was approved on 04/03/2020 by The Cumberland Valley National Bank & Trust Company reported 28 jobs and $505,700 was used to fund payroll.

Babcon inc. is Existing or more than 2 years old

PPP Loan Search / KY / RICHMOND / Babcon inc.

BABCON INC.

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BABCON INC.

Borrower Address

147 South Estill Ave

Borrower City

RICHMOND

Borrower State

KY

Borrower Zip

40475-2013

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505700.00

Current Approval Amount

505700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27235

Servicing Lender Name

Cumberland Valley National Bank & Trust Company

Servicing Lender Address

1112 Hwy 490

Servicing Lender City

EAST BERNSTADT

Servicing Lender State

KY

Servicing Lender Zip

40729

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

MADISON

Project State

KY

Project Zip

40475-2013

CD

KY-06

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

505700.00

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

27235

Originating Lender

Cumberland Valley National Bank & Trust Company

Originating Lender City

EAST BERNSTADT

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

510068.69

Forgiveness Date

02/19/2021

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