PPP Loan information for Backen corporation

$24,800

Backen corporation was initially approved for PPP Loan of amount $24,800, the current approved amount is $24,800. The loan was approved on 04/27/2020 by The First Merchants Bank reported 3 jobs and $24,800 was used to fund payroll.

Backen corporation is Existing or more than 2 years old

PPP Loan Search / MI / Grosse Pointe Farms / Backen corporation

BACKEN CORPORATION

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BACKEN CORPORATION

Borrower Address

50 Moross Road

Borrower City

Grosse Pointe Farms

Borrower State

MI

Borrower Zip

48236-3029

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24800.00

Current Approval Amount

24800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grosse Pointe Farms

Project County Name

WAYNE

Project State

MI

Project Zip

48236-3029

CD

MI-13

Jobs Reported

3

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24800.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24950.84

Forgiveness Date

12/15/2020

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