BABBS SUPERMARKET INC. (IN) - 2020 PPP Loan Borrower Profile (# 3627487300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BABBS SUPERMARKET 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 Indiana.

Loan Detail

Loan Number

3627487300

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$379,800

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$381,772.85

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

379,800

Lender

Owen County State Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

445110

Borrower Location

SPENCER, IN

Project Location

SPENCER, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

121

Business Age Description

Unanswered

Data Source: SBA.