PPP Loan information for Baco enterprises inc

$1,433,740

Baco enterprises inc was initially approved for PPP Loan of amount $1,433,740, the current approved amount is $1,433,740. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 104 jobs and $1,433,740 was used to fund payroll.

Baco enterprises inc is New Business or 2 years or less

PPP Loan Search / NY / BRONX / Baco enterprises inc

BACO ENTERPRISES INC

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

BACO ENTERPRISES INC

Borrower Address

1190 LONGWOOD AVE

Borrower City

BRONX

Borrower State

NY

Borrower Zip

10474-5714

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1433740.00

Current Approval Amount

1433740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BRONX

Project County Name

BRONX

Project State

NY

Project Zip

10474-5714

CD

NY-14

Jobs Reported

104

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1433740.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1444856.40

Forgiveness Date

02/10/2021

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