PPP Loan information for Bai inc.

$2,000,000

Bai inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/29/2021 by The Atlantic Union Bank reported 74 jobs and $2,000,000 was used to fund payroll.

Bai inc. is Existing or more than 2 years old

PPP Loan Search / VA / Alexandria / Bai inc.

BAI INC.

Date Approved

01/29/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

BAI INC.

Borrower Address

5845 Richmond Highway 5845 Richmond Highway

Borrower City

Alexandria

Borrower State

VA

Borrower Zip

22303

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

FAIRFAX

Project State

VA

Project Zip

22303

CD

VA-08

Jobs Reported

74

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2026944.44

Forgiveness Date

06/06/2022

;