# PPP loan: BACIO, INC.
> **$608K** approved 04/06/2020 · Paid in Full · Loan `5838527004`
## Borrower
- **Name:** BACIO, INC.
- **Address:** 1571 Plymouth Road, HOPKINS, MN, 55305-1921
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $608K
- **Initial approval:** $608K
- **Forgiven:** $618K (102%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $547K
- **Rent:** $30K
- **Utilities:** $30K
- **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*