Babsco Supply, Inc.

$195,800 PPP Loan in Elkhart, Indiana

Loan Details

Loan Number
6643857003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$195,800
Current Approval
$195,800
Forgiveness Amount
$196,888
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Babsco Supply, Inc.
Address
2410 S. Main Street
State
Indiana
ZIP Code
46515-4721
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.2M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$171,396
Rent
$19,584
Utilities
$4,820

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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