PPP Loan information for Backer inc

$197,400

Backer inc was initially approved for PPP Loan of amount $197,400, the current approved amount is $197,400. The loan was approved on 04/11/2020 by The First Bank reported 70 jobs and $197,400 was used to fund payroll.

Backer inc is New Business or 2 years or less

BACKER INC

Date Approved

04/11/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

BACKER INC

Borrower Address

2825 GRIFBRICK DR

Borrower City

PLANO

Borrower State

TX

Borrower Zip

75075-1515

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197400.00

Current Approval Amount

197400.00

Undisbursed Amount

0.00

Franchise Name

Golden Chick

Servicing Lender Location Id

69129

Servicing Lender Name

First Bank

Servicing Lender Address

300 E Third St

Servicing Lender City

BURKBURNETT

Servicing Lender State

TX

Servicing Lender Zip

76354-3437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PLANO

Project County Name

COLLIN

Project State

TX

Project Zip

75075-1515

CD

TX-03

Jobs Reported

70

NAICS Code

333994

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197400.00

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

69129

Originating Lender

First Bank

Originating Lender City

BURKBURNETT

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198737.93

Forgiveness Date

12/22/2020

;