BABCO SERVICES GROUP LLC (MD) - 2020 PPP Loan Borrower Profile (# 3743139006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BABCO SERVICES GROUP 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 Maryland.

Loan Detail

Loan Number

3743139006

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$1,960

Date Loan was Approved

May 20, 2021

Amount Forgiven

$1,981.72

Date Loan was Forgiven

Jul 8, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

1,957

Lender

Prestamos CDFI, LLC

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

492110

Borrower Location

Gaithersburg, MD

Project Location

Gaithersburg, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.