PPP Loan information for Bay insurance agency inc

$30,370

Bay insurance agency inc was initially approved for PPP Loan of amount $30,370, the current approved amount is $30,370. The loan was approved on 02/10/2021 by The Superior National Bank reported 3 jobs and $30,370 was used to fund payroll.

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

BAY INSURANCE AGENCY INC

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BAY INSURANCE AGENCY INC

Borrower Address

719 E Broad St

Borrower City

Lanse

Borrower State

MI

Borrower Zip

49946-1311

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30370.00

Current Approval Amount

30370.00

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

49946-1311

CD

MI-01

Jobs Reported

3

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

30368.00

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

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

30486.49

Forgiveness Date

07/07/2021

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