PPP Loan information for Bac design group inc

$52,262

Bac design group inc was initially approved for PPP Loan of amount $52,262, the current approved amount is $52,262. The loan was approved on 02/07/2021 by The Independent Bank reported 5 jobs and $52,262 was used to fund payroll.

Bac design group inc is Existing or more than 2 years old

PPP Loan Search / MI / Traverse City / Bac design group inc

BAC DESIGN GROUP INC

Date Approved

02/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BAC DESIGN GROUP INC

Borrower Address

970 Emerson Rd

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49696-8825

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52262.00

Current Approval Amount

52262.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49696-8825

CD

MI-01

Jobs Reported

5

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52259.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52531.19

Forgiveness Date

08/18/2021

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