Bab Systems, Inc.

$228,155 PPP Loan in Deerfield, Illinois

Loan Details

Loan Number
7319467203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$228,155
Current Approval
$228,155
Forgiveness Amount
$229,556
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bab Systems, Inc.
Address
500 Lake Cook Rd Ste 475
ZIP Code
60015-5240
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Big Apple Bagels
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$171,116
Rent
$17,112
Utilities
$22,816
Mortgage Interest
$17,112

Lender Information

Servicing Lender
Lake Forest Bank & Trust Company, National Association
Originating Lender
Lake Forest Bank & Trust Company, National Association

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