# PPP loan: BABKEL MECHANICAL, LLC
> **$253K** approved 05/06/2020 · Paid in Full · Loan `2608467403`
## Borrower
- **Name:** BABKEL MECHANICAL, LLC
- **Address:** 345 S 1st Street, BLAIR, NE, 68008-2511
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Health care:** $17K
- **Jobs reported:** 17
## Lender
- **Originating:** RVR Bank
- **Servicing:** RVR Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*