PPP Loan information for Bay insurance agency inc

$29,592

Bay insurance agency inc was initially approved for PPP Loan of amount $29,592, the current approved amount is $29,592. The loan was approved on 04/15/2020 by The Superior National Bank reported 4 jobs and $29,592 was used to fund payroll.

Bay insurance agency inc is Existing or more than 2 years old

PPP Loan Search / MI / LANSE / Bay insurance agency inc

BAY INSURANCE AGENCY INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAY INSURANCE AGENCY INC

Borrower Address

719 B E BROAD ST P O BOX 1

Borrower City

LANSE

Borrower State

MI

Borrower Zip

49946-0001

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29592.00

Current Approval Amount

29592.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANSE

Project County Name

BARAGA

Project State

MI

Project Zip

49946-0001

CD

MI-01

Jobs Reported

4

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1973.00

Payroll Proceed

23673.00

Mortgage Interest Proceed

1973.00

Rent Proceed

1973.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

29730.64

Forgiveness Date

10/13/2020

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