BABASULI LLC (CT) - 2020 PPP Loan Borrower Profile (# 2902257302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BABASULI LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Connecticut.

Loan Detail

Loan Number

2902257302

SBA Office Code

0156

Processing Method

PPP

Curent Loan Amount

$61,250

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$61,693.01

Date Loan was Forgiven

Jan 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

61,250

Lender

Ion Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238140

Borrower Location

FARMINGTON, CT

Project Location

FARMINGTON, CT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.