PPP Loan information for Bay agency insurance group, inc.

$130,652

Bay agency insurance group, inc. was initially approved for PPP Loan of amount $130,652, the current approved amount is $130,652. The loan was approved on 04/15/2020 by The Lakeland Bank reported 12 jobs and $130,652 was used to fund payroll.

Bay agency insurance group, inc. is Existing or more than 2 years old

BAY AGENCY INSURANCE GROUP, INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BAY AGENCY INSURANCE GROUP, INC.

Borrower Address

93 E RIVER RD

Borrower City

RUMSON

Borrower State

NJ

Borrower Zip

07760-1625

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130652.00

Current Approval Amount

130652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUMSON

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07760-1625

CD

NJ-06

Jobs Reported

12

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120916.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9736.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

122305.25

Forgiveness Date

11/03/2020

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