PPP Loan information for Bay motor products, inc.

$358,870

Bay motor products, inc. was initially approved for PPP Loan of amount $358,870, the current approved amount is $358,870. The loan was approved on 02/08/2021 by The The Huntington National Bank reported 38 jobs and $358,870 was used to fund payroll.

Bay motor products, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Traverse City / Bay motor products, inc.

BAY MOTOR PRODUCTS, INC.

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BAY MOTOR PRODUCTS, INC.

Borrower Address

3100 Cass Rd

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49684-6963

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

358870.00

Current Approval Amount

358870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49684-6963

CD

MI-01

Jobs Reported

38

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

358868.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

362429.20

Forgiveness Date

02/15/2022

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