# PPP loan: BABCOCK LABORATORIES, INC.
> **$835K** approved 04/07/2020 · Paid in Full · Loan `7008887007`
## Borrower
- **Name:** BABCOCK LABORATORIES, INC.
- **Address:** 6100 QUAIL VALLEY CT, RIVERSIDE, CA, 92507-0704
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $835K
- **Initial approval:** $855K
- **Forgiven:** $842K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $835K
- **Jobs reported:** 99
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*