PPP Loan information for Bay motor winding, inc.

$245,653

Bay motor winding, inc. was initially approved for PPP Loan of amount $245,653, the current approved amount is $245,653. The loan was approved on 04/10/2020 by The The Peoples Bank reported 21 jobs and $245,653 was used to fund payroll.

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

PPP Loan Search / MS / LONG BEACH / Bay motor winding, inc.

BAY MOTOR WINDING, INC.

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

BAY MOTOR WINDING, INC.

Borrower Address

125 N OCEAN WAVE AVE

Borrower City

LONG BEACH

Borrower State

MS

Borrower Zip

39560-5017

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245653.34

Current Approval Amount

245653.34

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39155

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

152 Lameuse St

Servicing Lender City

BILOXI

Servicing Lender State

MS

Servicing Lender Zip

39530-4214

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

HARRISON

Project State

MS

Project Zip

39560-5017

CD

MS-04

Jobs Reported

21

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

245653.34

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

Subchapter S Corporation

Originating Lender Location Id

39155

Originating Lender

The Peoples Bank

Originating Lender City

BILOXI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

248751.30

Forgiveness Date

07/15/2021

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