# PPP loan: JJ BABBITT COMPANY INC.
> **$493K** approved 04/14/2020 · Paid in Full · Loan `7557197102`
## Borrower
- **Name:** JJ BABBITT COMPANY INC.
- **Address:** 2201 INDUSTRIAL PKWY, ELKHART, IN, 46516-5409
- **NAICS:** 339992
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $369K
- **Utilities:** $123K
- **Jobs reported:** 46
## Lender
- **Originating:** First State Bank of Middlebury
- **Servicing:** First State Bank of Middlebury (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*