PPP Loan information for Bay corp, inc.

$381,834

Bay corp, inc. was initially approved for PPP Loan of amount $381,834, the current approved amount is $381,834. The loan was approved on 04/05/2020 by The First National Bank of Michigan reported 45 jobs and $381,834 was used to fund payroll.

Bay corp, inc. is Existing or more than 2 years old

BAY CORP, INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAY CORP, INC.

Borrower Address

11456 Marsh Road

Borrower City

SHELBYVILLE

Borrower State

MI

Borrower Zip

49344-9627

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

381834.00

Current Approval Amount

381834.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBYVILLE

Project County Name

BARRY

Project State

MI

Project Zip

49344-9627

CD

MI-06

Jobs Reported

45

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

381834.00

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

Corporation

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

384020.39

Forgiveness Date

11/05/2020

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