PPP Loan information for Bay machining and sales, inc

$190,000

Bay machining and sales, inc was initially approved for PPP Loan of amount $190,000, the current approved amount is $190,000. The loan was approved on 04/04/2020 by The 1st State Bank reported 19 jobs and $190,000 was used to fund payroll.

Bay machining and sales, inc is Existing or more than 2 years old

PPP Loan Search / MI / BAY CITY / Bay machining and sales, inc

BAY MACHINING AND SALES, INC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAY MACHINING AND SALES, INC

Borrower Address

4421 ACE COMMERCIAL CT

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48706-1974

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190000.00

Current Approval Amount

190000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48706-1974

CD

MI-08

Jobs Reported

19

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

178000.00

Mortgage Interest Proceed

4000.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

191731.11

Forgiveness Date

03/09/2021

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