PPP Loan information for Bacio, inc.

$607,755

Bacio, inc. was initially approved for PPP Loan of amount $607,755, the current approved amount is $607,755. The loan was approved on 04/06/2020 by The Park State Bank reported 88 jobs and $607,755 was used to fund payroll.

Bacio, inc. is Existing or more than 2 years old

PPP Loan Search / MN / HOPKINS / Bacio, inc.

BACIO, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BACIO, INC.

Borrower Address

1571 Plymouth Road

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55305-1921

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

607755.00

Current Approval Amount

607755.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-1921

CD

MN-03

Jobs Reported

88

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30388.00

Payroll Proceed

546979.00

Mortgage Interest Proceed

0.00

Rent Proceed

30388.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

618344.92

Forgiveness Date

01/11/2022

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