Bac Holdings, LLC

$3,105,000 PPP Loan in Bloomfield Hills, Michigan

Loan Details

Loan Number
5774177104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$3,105,000
Current Approval
$3,105,000
Forgiveness Amount
$3,140,018
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bac Holdings, LLC
Address
4190 Telegraph Rd Ste 3200
ZIP Code
48302-2036
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$2,500,000
Rent
$500,000
Utilities
$105,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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