Babbitting Service, Incorporated

$1,200,182 PPP Loan in South Elgin, Illinois

Loan Details

Loan Number
3006457201
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$1,200,182
Current Approval
$1,200,182
Forgiveness Amount
$1,209,232
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Babbitting Service, Incorporated
Address
1617 Louise Dr.
ZIP Code
60177
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332991)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$18.6M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,200,182

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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