# PPP loan: BABSON FARMS INC.
> **$166K** approved 02/20/2021 · Paid in Full · Loan `2461638505`
## Borrower
- **Name:** BABSON FARMS INC.
- **Address:** 7985 Keslinger Rd, DeKalb, IL, 60115-8648
- **NAICS:** 111150
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Jobs reported:** 10
## Lender
- **Originating:** First National Bank of Omaha
- **Servicing:** First National Bank of Omaha (NE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*