PPP Loan information for Bac industries inc

$60,700

Bac industries inc was initially approved for PPP Loan of amount $60,700, the current approved amount is $60,700. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 3 jobs and $60,700 was used to fund payroll.

Bac industries inc is Unanswered

BAC INDUSTRIES INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BAC INDUSTRIES INC

Borrower Address

218 LITTLE FALLS RD

Borrower City

CEDAR GROVE

Borrower State

NJ

Borrower Zip

07009

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

60700.00

Current Approval Amount

60700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CEDAR GROVE

Project County Name

ESSEX

Project State

NJ

Project Zip

07009-0001

CD

NJ-11

Jobs Reported

3

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60700.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54477.59

Forgiveness Date

08/24/2021

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