PPP Loan information for Bay engineering inc.

$470,890

Bay engineering inc. was initially approved for PPP Loan of amount $470,890, the current approved amount is $470,890. The loan was approved on 02/06/2021 by The Shore United Bank, National Association reported 36 jobs and $470,890 was used to fund payroll.

Bay engineering inc. is Existing or more than 2 years old

PPP Loan Search / MD / Annapolis / Bay engineering inc.

BAY ENGINEERING INC.

Date Approved

02/06/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

BAY ENGINEERING INC.

Borrower Address

2661 Riva Rd Bldg 800

Borrower City

Annapolis

Borrower State

MD

Borrower Zip

21401-7572

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

470890.00

Current Approval Amount

470890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Annapolis

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-7572

CD

MD-03

Jobs Reported

36

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

470887.00

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

473061.33

Forgiveness Date

07/27/2021

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