PPP Loan information for Baam inc

$452,228

Baam inc was initially approved for PPP Loan of amount $452,228, the current approved amount is $452,228. The loan was approved on 01/26/2021 by The Cache Valley Bank reported 89 jobs and $452,228 was used to fund payroll.

Baam inc is Existing or more than 2 years old

BAAM INC

Date Approved

01/26/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

BAAM INC

Borrower Address

988 North Washington Blvd

Borrower City

Ogden

Borrower State

UT

Borrower Zip

84407

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

452228.00

Current Approval Amount

452228.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ogden

Project County Name

WEBER

Project State

UT

Project Zip

84407

CD

UT-01

Jobs Reported

89

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

452222.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

458471.26

Forgiveness Date

06/21/2022

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