PPP Loan information for Bay area electric inc

$185,532

Bay area electric inc was initially approved for PPP Loan of amount $185,532, the current approved amount is $185,532. The loan was approved on 04/28/2020 by The BayFirst National Bank reported 16 jobs and $185,532 was used to fund payroll.

Bay area electric inc is Unanswered

BAY AREA ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

BAY AREA ELECTRIC INC

Borrower Address

6244 Clark Center Avenue Unit 2

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34238

Loan Status Date

10/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185532.00

Current Approval Amount

185532.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123499

Servicing Lender Name

BayFirst National Bank

Servicing Lender Address

700 Central Avenue

Servicing Lender City

Saint Petersburg

Servicing Lender State

FL

Servicing Lender Zip

33701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34238-1722

CD

FL-17

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

185532.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

123499

Originating Lender

BayFirst National Bank

Originating Lender City

Saint Petersburg

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

188048.12

Forgiveness Date

09/23/2021

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