PPP Loan information for Bac industries inc

$52,980

Bac industries inc was initially approved for PPP Loan of amount $52,980, the current approved amount is $52,980. The loan was approved on 03/04/2021 by The PNC Bank, National Association reported 3 jobs and $52,980 was used to fund payroll.

Bac industries inc is Existing or more than 2 years old

PPP Loan Search / NJ / Cedar Grove / Bac industries inc

BAC INDUSTRIES INC

Date Approved

03/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BAC INDUSTRIES INC

Borrower Address

218 Little Falls Rd 218 Little Falls Rd

Borrower City

Cedar Grove

Borrower State

NJ

Borrower Zip

07009-1277

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52980.00

Current Approval Amount

52980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Grove

Project County Name

ESSEX

Project State

NJ

Project Zip

07009-1277

CD

NJ-11

Jobs Reported

3

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52975.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53367.05

Forgiveness Date

12/01/2021

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