PPP Loan information for Bay mechanical & electrical

$973,127

Bay mechanical & electrical was initially approved for PPP Loan of amount $973,127, the current approved amount is $973,127. The loan was approved on 01/29/2021 by The PNC Bank, National Association reported 75 jobs and $973,127 was used to fund payroll.

Bay mechanical & electrical is Existing or more than 2 years old

PPP Loan Search / OH / Lorain / Bay mechanical & electrical

BAY MECHANICAL & ELECTRICAL

Date Approved

01/29/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

BAY MECHANICAL & ELECTRICAL

Borrower Address

2221 W Park Dr

Borrower City

Lorain

Borrower State

OH

Borrower Zip

44053-1158

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

973127.00

Current Approval Amount

973127.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lorain

Project County Name

LORAIN

Project State

OH

Project Zip

44053-1158

CD

OH-05

Jobs Reported

75

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

973124.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

980371.39

Forgiveness Date

10/28/2021

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