PPP Loan information for Bac inc

$59,008

Bac inc was initially approved for PPP Loan of amount $59,008, the current approved amount is $59,008. The loan was approved on 04/11/2020 by The Home Bank, SB reported 22 jobs and $59,008 was used to fund payroll.

Bac inc is Existing or more than 2 years old

PPP Loan Search / IN / MARTINSVILLE / Bac inc

BAC INC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BAC INC

Borrower Address

465 S Main St

Borrower City

MARTINSVILLE

Borrower State

IN

Borrower Zip

46151

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59007.65

Current Approval Amount

59007.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84421

Servicing Lender Name

Home Bank, SB

Servicing Lender Address

59 W Washington St

Servicing Lender City

MARTINSVILLE

Servicing Lender State

IN

Servicing Lender Zip

46151-4521

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARTINSVILLE

Project County Name

MORGAN

Project State

IN

Project Zip

46151-0001

CD

IN-04

Jobs Reported

22

NAICS Code

541213

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

50907.65

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1100

Business Type

Corporation

Originating Lender Location Id

84421

Originating Lender

Home Bank, SB

Originating Lender City

MARTINSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

59361.70

Forgiveness Date

11/20/2020

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