Baba INC

$761,100 PPP Loan in Rensselaer, Indiana

Loan Details

Loan Number
7631207004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$761,100
Current Approval
$761,100
Forgiveness Amount
$768,753
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Baba INC
Address
855 Moody Road
State
Indiana
ZIP Code
47978
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
185
Estimated Revenue
$32.8M
Rural/Urban
Rural
Congressional District
IN-04

Loan Use Breakdown

Payroll
$570,800
Rent
$97,200
Utilities
$93,100

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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