PPP Loan information for Baam inc

$323,018

Baam inc was initially approved for PPP Loan of amount $311,000, the current approved amount is $323,018. The loan was approved on 04/07/2020 by The Cache Valley Bank reported 89 jobs and $323,018 was used to fund payroll.

Baam inc is Existing or more than 2 years old

BAAM INC

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

BAAM INC

Borrower Address

988 WASHINGTON BLVD

Borrower City

OGDEN

Borrower State

UT

Borrower Zip

84404-4947

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311000.00

Current Approval Amount

323017.50

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

N

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

84404-4947

CD

UT-01

Jobs Reported

89

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24400.00

Payroll Proceed

241817.50

Mortgage Interest Proceed

0.00

Rent Proceed

56800.00

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

325520.89

Forgiveness Date

01/20/2021

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