PPP Loan information for Baring industries inc.

$1,251,017

Baring industries inc. was initially approved for PPP Loan of amount $1,251,017, the current approved amount is $1,251,017. The loan was approved on 04/10/2020 by The American Business Bank reported 72 jobs and $1,251,017 was used to fund payroll.

Baring industries inc. is Existing or more than 2 years old

PPP Loan Search / FL / FORT LAUDERDALE / Baring industries inc.

BARING INDUSTRIES INC.

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

BARING INDUSTRIES INC.

Borrower Address

3249 SW 42nd Street

Borrower City

FORT LAUDERDALE

Borrower State

FL

Borrower Zip

33312-6810

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1251017.00

Current Approval Amount

1251017.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT LAUDERDALE

Project County Name

BROWARD

Project State

FL

Project Zip

33312-6810

CD

FL-25

Jobs Reported

72

NAICS Code

333318

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1251017.00

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1259654.16

Forgiveness Date

12/30/2020

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