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
- City
- Orleans
- 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
Other PPP Loans in Orleans, IN
| Business | Approved | |
|---|---|---|
| Reynolds Construction, LLC | $6,629,400 | |
| River View Farms INC | $986,612 | |
| Infrastructure Systems, INC | $812,700 | |
| Older Americans Services Corporation | $466,100 | |
| Scott Daugherty Trucking, LLC | $263,500 |
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