PPP Loan information for Bay electronics inc

$130,800

Bay electronics inc was initially approved for PPP Loan of amount $130,800, the current approved amount is $130,800. The loan was approved on 04/29/2020 by The Comerica Bank reported 14 jobs and $130,800 was used to fund payroll.

Bay electronics inc is Existing or more than 2 years old

PPP Loan Search / MI / ROSEVILLE / Bay electronics inc

BAY ELECTRONICS INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAY ELECTRONICS INC

Borrower Address

20805 KRAFT

Borrower City

ROSEVILLE

Borrower State

MI

Borrower Zip

48066

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130800.00

Current Approval Amount

130800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROSEVILLE

Project County Name

MACOMB

Project State

MI

Project Zip

48066-0001

CD

MI-10

Jobs Reported

14

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130800.00

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

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132286.03

Forgiveness Date

06/22/2021

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