BABOOK INC (IN) - 2020 PPP Loan Borrower Profile (# 2753027701)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BABOOK 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

2753027701

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$7,297

Date Loan was Approved

May 1, 2020

Amount Forgiven

$7,374.07

Date Loan was Forgiven

May 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,500

Payroll Proced

3,797

Rent Proceed

2,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

999990

Borrower Location

RICHMOND, IN

Project Location

RICHMOND, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.