Babcock Motors INC

$96,683 PPP Loan in Orleans, Indiana

Loan Details

Loan Number
2543267106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$96,683
Current Approval
$96,683
Forgiveness Amount
$97,315
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Babcock Motors INC
Address
1302 Maple St
State
Indiana
ZIP Code
47452-9283
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-08

Loan Use Breakdown

Payroll
$96,683

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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