# PPP loan: BAI INC.
> **$2.00M** approved 01/29/2021 · Paid in Full · Loan `8340268306`
## Borrower
- **Name:** BAI INC.
- **Address:** 5845 Richmond Highway 5845 Richmond Highway, Alexandria, VA, 22303
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (101%)
- **Forgiveness date:** 06/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 74
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*