BABCOCK AND KING, INC. (CT) - 2020 PPP Loan Borrower Profile (# 3147287104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BABCOCK AND KING, INC.. 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

3147287104

SBA Office Code

0156

Processing Method

PPP

Curent Loan Amount

$1,316,165

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$1,326,232.93

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

30,000

Payroll Proced

1,086,165

Rent Proceed

100,000

Health Care Proceed

100,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

327332

Borrower Location

SHELTON, CT

Project Location

SHELTON, CT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.