# PPP loan: BACIO INC.
> **$851K** approved 02/25/2021 · Paid in Full · Loan `4470938502`
## Borrower
- **Name:** BACIO INC.
- **Address:** 1571 Plymouth Rd, Hopkins, MN, 55305-1921
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $851K
- **Initial approval:** $851K
- **Forgiven:** $862K (101%)
- **Forgiveness date:** 06/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $851K
- **Utilities:** $1
- **Jobs reported:** 88
## Lender
- **Originating:** Park State Bank
- **Servicing:** Park State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*