# PPP loan: BABBO LLC
> **$1.04M** approved 04/16/2020 · Exemption 4 · Loan `2392997202`
## Borrower
- **Name:** BABBO LLC
- **Address:** 45 East 20th St Fl 3, NEW YORK, NY, 10003
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $102K (10%)
- **Forgiveness date:** 08/03/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.04M
- **Jobs reported:** 91
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*