PPP Loan information for Bay motorsports inc

$115,055

Bay motorsports inc was initially approved for PPP Loan of amount $115,055, the current approved amount is $115,055. The loan was approved on 03/02/2021 by The Wells Fargo Bank, National Association reported 8 jobs and $115,055 was used to fund payroll.

Bay motorsports inc is Existing or more than 2 years old

BAY MOTORSPORTS INC

Date Approved

03/02/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

BAY MOTORSPORTS INC

Borrower Address

735 Gilman St

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94710-1332

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115055.00

Current Approval Amount

115055.00

Undisbursed Amount

0.00

Franchise Name

Yamaha (Sales and Service Agreement)

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berkeley

Project County Name

ALAMEDA

Project State

CA

Project Zip

94710-1332

CD

CA-12

Jobs Reported

8

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115054.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116164.57

Forgiveness Date

02/22/2022

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