Babbitt Bearings INC

$493,042 PPP Loan in Syracuse, New York

Loan Details

Loan Number
6406008608
Date Approved
Mar 23, 2021
Loan Status
Paid in Full
Initial Approval
$493,042
Current Approval
$493,042
Forgiveness Amount
$497,959
Forgiveness Date
Mar 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Babbitt Bearings INC
Address
734 Burnet Ave
ZIP Code
13203-2902
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.1M
Rural/Urban
Urban
Congressional District
NY-22

Loan Use Breakdown

Payroll
$493,037
Utilities
$1

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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