PPP Loan information for Bay engineering, inc.

$57,100

Bay engineering, inc. was initially approved for PPP Loan of amount $57,100, the current approved amount is $57,100. The loan was approved on 04/27/2020 by The Superior National Bank reported 7 jobs and $57,100 was used to fund payroll.

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

PPP Loan Search / MI / CALUMET / Bay engineering, inc.

BAY ENGINEERING, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAY ENGINEERING, INC.

Borrower Address

51692 Industrial Drive

Borrower City

CALUMET

Borrower State

MI

Borrower Zip

49913-9232

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57100.00

Current Approval Amount

57100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CALUMET

Project County Name

HOUGHTON

Project State

MI

Project Zip

49913-9232

CD

MI-01

Jobs Reported

7

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

52900.00

Mortgage Interest Proceed

0.00

Rent Proceed

3200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

57387.85

Forgiveness Date

11/05/2020

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