Babcock and King, Inc.

$1,316,165 PPP Loan in Shelton, Connecticut

Loan Details

Loan Number
3147287104
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,316,165
Current Approval
$1,316,165
Forgiveness Amount
$1,326,233
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Babcock and King, Inc.
Address
60 Parrott Drive
ZIP Code
06484-4733
Business Type
Corporation
Industry (NAICS)
Manufacturing (327332)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$71.4M
Rural/Urban
Urban
Congressional District
CT-03

Loan Use Breakdown

Payroll
$1,086,165
Rent
$100,000
Utilities
$30,000
Health Care
$100,000

Lender Information

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

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