PPP Loan information for Bacco construction company

$2,437,400

Bacco construction company was initially approved for PPP Loan of amount $2,437,400, the current approved amount is $2,437,400. The loan was approved on 01/16/2021 by The First National Bank & Trust Co reported 171 jobs and $2,437,400 was used to fund payroll.

Bacco construction company is Existing or more than 2 years old

PPP Loan Search / MI / Iron Mountain / Bacco construction company

BACCO CONSTRUCTION COMPANY

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BACCO CONSTRUCTION COMPANY

Borrower Address

N3676 N

Borrower City

Iron Mountain

Borrower State

MI

Borrower Zip

49801

Loan Status Date

03/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2437400.00

Current Approval Amount

2437400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35372

Servicing Lender Name

First National Bank & Trust Co

Servicing Lender Address

233 S Stephenson Ave

Servicing Lender City

IRON MOUNTAIN

Servicing Lender State

MI

Servicing Lender Zip

49801-2921

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Iron Mountain

Project County Name

DICKINSON

Project State

MI

Project Zip

49801

CD

MI-01

Jobs Reported

171

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

2437398.00

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

Subchapter S Corporation

Originating Lender Location Id

35372

Originating Lender

First National Bank & Trust Co

Originating Lender City

IRON MOUNTAIN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2352030.47

Forgiveness Date

02/07/2022

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