PPP Loan information for Bam llc

$570,619

Bam llc was initially approved for PPP Loan of amount $570,700, the current approved amount is $570,619. The loan was approved on 04/04/2020 by The VISIONBank reported 39 jobs and $570,619 was used to fund payroll.

Bam llc is Existing or more than 2 years old

BAM LLC

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

BAM LLC

Borrower Address

2323 E 6TH ST

Borrower City

BROOKINGS

Borrower State

SD

Borrower Zip

57006-1732

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

570700.00

Current Approval Amount

570619.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

427971

Servicing Lender Name

VISIONBank

Servicing Lender Address

3000 25th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-5046

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKINGS

Project County Name

BROOKINGS

Project State

SD

Project Zip

57006-1732

CD

SD-

Jobs Reported

39

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

74140.00

Payroll Proceed

456560.00

Mortgage Interest Proceed

39919.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

427971

Originating Lender

VISIONBank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

558562.73

Forgiveness Date

11/27/2020

;