PPP Loan information for Baac, inc

$49,463

Baac, inc was initially approved for PPP Loan of amount $49,463, the current approved amount is $49,463. The loan was approved on 04/29/2020 by The Frankenmuth CU reported 7 jobs and $49,463 was used to fund payroll.

Baac, inc is Existing or more than 2 years old

BAAC, INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAAC, INC

Borrower Address

1404 GRATIOT AVE

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48602-2627

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49462.50

Current Approval Amount

49462.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48602-2627

CD

MI-08

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3892.50

Payroll Proceed

39570.00

Mortgage Interest Proceed

3000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3000

Business Type

Corporation

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49782.31

Forgiveness Date

01/12/2021

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