ABIODUN BABALOLA (IL) - 2020 PPP Loan Borrower Profile (# 4621728300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABIODUN BABALOLA. 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 Illinois.

Loan Detail

Loan Number

4621728300

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$1,595

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

39 Months

Utilities Proced

Payroll Proced

1,593

Lender

Kabbage, Inc.

Business Detail

Business Type

Independent Contractors

NAICS

488490

Borrower Location

Calumet City, IL

Project Location

Calumet City, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.