# PPP loan: BAC HOLDINGS, LLC
> **$3.10M** approved 04/14/2020 · Paid in Full · Loan `5774177104`
## Borrower
- **Name:** BAC HOLDINGS, LLC
- **Address:** 4190 TELEGRAPH RD Ste 3200, BLOOMFIELD HILLS, MI, 48302-2036
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.10M
- **Initial approval:** $3.10M
- **Forgiven:** $3.14M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.50M
- **Rent:** $500K
- **Utilities:** $105K
- **Jobs reported:** 500
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*