PPP Loan information for Bay plastics machinery company llc

$625,000

Bay plastics machinery company llc was initially approved for PPP Loan of amount $625,000, the current approved amount is $625,000. The loan was approved on 01/16/2021 by The 1st State Bank reported 44 jobs and $625,000 was used to fund payroll.

Bay plastics machinery company llc is Existing or more than 2 years old

PPP Loan Search / MI / Bay City / Bay plastics machinery company llc

BAY PLASTICS MACHINERY COMPANY LLC

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BAY PLASTICS MACHINERY COMPANY LLC

Borrower Address

3494 N Euclid Ave

Borrower City

Bay City

Borrower State

MI

Borrower Zip

48706-1637

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

625000.00

Current Approval Amount

625000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bay City

Project County Name

BAY

Project State

MI

Project Zip

48706-1637

CD

MI-08

Jobs Reported

44

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

624998.00

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

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

627517.36

Forgiveness Date

06/15/2021

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