PPP Loan information for Baeco inc

$86,935

Baeco inc was initially approved for PPP Loan of amount $86,935, the current approved amount is $86,935. The loan was approved on 02/14/2021 by The American Bank reported 14 jobs and $86,935 was used to fund payroll.

Baeco inc is Existing or more than 2 years old

PPP Loan Search / PA / Allentown / Baeco inc

BAECO INC

Date Approved

02/14/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

BAECO INC

Borrower Address

3200 Airport Rd

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18109-9344

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86935.00

Current Approval Amount

86935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18109-9344

CD

PA-07

Jobs Reported

14

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

86931.00

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

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87333.45

Forgiveness Date

07/30/2021

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