PPP Loan information for Bay corrugated container,inc

$2,577,803

Bay corrugated container,inc was initially approved for PPP Loan of amount $2,577,803, the current approved amount is $2,577,803. The loan was approved on 04/10/2020 by The Fifth Third Bank reported 260 jobs and $2,577,803 was used to fund payroll.

Bay corrugated container,inc is New Business or 2 years or less

PPP Loan Search / MI / MONROE / Bay corrugated container,inc

BAY CORRUGATED CONTAINER,INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAY CORRUGATED CONTAINER,INC

Borrower Address

1655 WEST 7TH STREET

Borrower City

MONROE

Borrower State

MI

Borrower Zip

48161-1686

Loan Status Date

10/06/2022

Loan Status

Charged Off

Term

119

SBA Guaranty Percentage

100

Initial Approval Amount

2577802.50

Current Approval Amount

2577802.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MONROE

Project County Name

MONROE

Project State

MI

Project Zip

48161-1686

CD

MI-05

Jobs Reported

260

NAICS Code

322211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2577802.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2362533.51

Forgiveness Date

11/17/2021

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