PPP Loan information for Bay motor co, llc

$1,696,700

Bay motor co, llc was initially approved for PPP Loan of amount $1,696,700, the current approved amount is $1,696,700. The loan was approved on 04/07/2020 by The Truist Bank reported 114 jobs and $1,696,700 was used to fund payroll.

Bay motor co, llc is Existing or more than 2 years old

BAY MOTOR CO, LLC

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BAY MOTOR CO, LLC

Borrower Address

12701 FAIR LAKES CIR

Borrower City

FAIRFAX

Borrower State

VA

Borrower Zip

22033-4907

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1696700.00

Current Approval Amount

1696700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFAX

Project County Name

FAIRFAX

Project State

VA

Project Zip

22033-4907

CD

VA-11

Jobs Reported

114

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1696700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1716306.31

Forgiveness Date

06/11/2021

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