PPP Loan information for Bac holdings, llc

$3,105,000

Bac holdings, llc was initially approved for PPP Loan of amount $3,105,000, the current approved amount is $3,105,000. The loan was approved on 04/14/2020 by The First Horizon Bank reported 500 jobs and $3,105,000 was used to fund payroll.

Bac holdings, llc is Existing or more than 2 years old

PPP Loan Search / MI / BLOOMFIELD HILLS / Bac holdings, llc

BAC HOLDINGS, LLC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAC HOLDINGS, LLC

Borrower Address

4190 TELEGRAPH RD Ste 3200

Borrower City

BLOOMFIELD HILLS

Borrower State

MI

Borrower Zip

48302-2036

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3105000.00

Current Approval Amount

3105000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMFIELD HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48302-2036

CD

MI-11

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

105000.00

Payroll Proceed

2500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

500000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3140017.50

Forgiveness Date

06/11/2021

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