# PPP loan: E.C. BABBERT, INC.
> **$1.20M** approved 04/10/2020 · Paid in Full · Loan `1930137108`
## Borrower
- **Name:** E.C. BABBERT, INC.
- **Address:** 7415 DILEY RD, CANAL WINCHESTER, OH, 43110-8813
- **NAICS:** 327332
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.01M (85%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $957K
- **Utilities:** $239K
- **Jobs reported:** 72
## Lender
- **Originating:** The Vinton County National Bank
- **Servicing:** The Vinton County National Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*