# PPP loan: BAKER DEVELOPMENT INC.
> **$325K** approved 04/04/2020 · Paid in Full · Loan `4681467006`
## Borrower
- **Name:** BAKER DEVELOPMENT INC.
- **Address:** 1916 HIGHWAY 25B NORTH, HEBER SPRINGS, AR, 72543-6403
- **NAICS:** 444110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Jobs reported:** 47
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*