Babson & Company

$146,000 PPP Loan in Gloucester, Massachusetts

Loan Details

Loan Number
4876057001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$146,000
Current Approval
$146,000
Forgiveness Amount
$145,253
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Babson & Company
Address
225 Washington Street
ZIP Code
01930-2252
Business Type
Sole Proprietorship
Industry (NAICS)
Professional, Scientific, and Technical Services (541211)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$109,500
Utilities
$18,250
Mortgage Interest
$18,250

Lender Information

Servicing Lender
Institution for Savings in Newburyport and Its Vicinity
Originating Lender
Institution for Savings in Newburyport and Its Vicinity

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