PPP Loan information for Bay custom inc

$62,600

Bay custom inc was initially approved for PPP Loan of amount $62,600, the current approved amount is $62,600. The loan was approved on 04/11/2020 by The TowneBank reported 12 jobs and $62,600 was used to fund payroll.

Bay custom inc is Existing or more than 2 years old

BAY CUSTOM INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BAY CUSTOM INC

Borrower Address

407 Rotary Street

Borrower City

HAMPTON

Borrower State

VA

Borrower Zip

23661-1318

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62600.00

Current Approval Amount

62600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23661-1318

CD

VA-03

Jobs Reported

12

NAICS Code

811490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62600.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

63050.37

Forgiveness Date

01/08/2021

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