PPP Loan information for Baco inc.

$59,600

Baco inc. was initially approved for PPP Loan of amount $59,600, the current approved amount is $59,600. The loan was approved on 04/28/2020 by The United Community Bank reported 7 jobs and $59,600 was used to fund payroll.

Baco inc. is Existing or more than 2 years old

BACO INC.

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BACO INC.

Borrower Address

6572 McCaleb Road

Borrower City

BON AQUA

Borrower State

TN

Borrower Zip

37025-3004

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59600.00

Current Approval Amount

59600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BON AQUA

Project County Name

HICKMAN

Project State

TN

Project Zip

37025-3004

CD

TN-04

Jobs Reported

7

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59600.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

60133.95

Forgiveness Date

03/25/2021

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