PPP Loan information for Bac inc

$66,439

Bac inc was initially approved for PPP Loan of amount $66,439, the current approved amount is $66,439. The loan was approved on 01/30/2021 by The Home Bank, SB reported 26 jobs and $66,439 was used to fund payroll.

Bac inc is Existing or more than 2 years old

BAC INC

Date Approved

01/30/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

BAC INC

Borrower Address

465 S Main St

Borrower City

Martinsville

Borrower State

IN

Borrower Zip

46151-2162

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66439.20

Current Approval Amount

66439.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84421

Servicing Lender Name

Home Bank, SB

Servicing Lender Address

59 W Washington St

Servicing Lender City

MARTINSVILLE

Servicing Lender State

IN

Servicing Lender Zip

46151-4521

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Martinsville

Project County Name

MORGAN

Project State

IN

Project Zip

46151-2162

CD

IN-04

Jobs Reported

26

NAICS Code

541213

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

66438.20

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

84421

Originating Lender

Home Bank, SB

Originating Lender City

MARTINSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

66682.81

Forgiveness Date

06/15/2021

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