PPP Loan information for Bac associates, inc.

$50,800

Bac associates, inc. was initially approved for PPP Loan of amount $50,800, the current approved amount is $50,800. The loan was approved on 04/30/2020 by The Truist Bank reported 8 jobs and $50,800 was used to fund payroll.

Bac associates, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Audubon / Bac associates, inc.

BAC ASSOCIATES, INC.

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BAC ASSOCIATES, INC.

Borrower Address

201 S. White Horse Pike

Borrower City

Audubon

Borrower State

NJ

Borrower Zip

08106

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50800.00

Current Approval Amount

50800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Audubon

Project County Name

CAMDEN

Project State

NJ

Project Zip

08106-0001

CD

NJ-01

Jobs Reported

8

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50800.00

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

51279.78

Forgiveness Date

04/20/2021

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