PPP Loan information for Bay plastics machinery company llc

$663,000

Bay plastics machinery company llc was initially approved for PPP Loan of amount $663,000, the current approved amount is $663,000. The loan was approved on 04/27/2020 by The 1st State Bank reported 45 jobs and $663,000 was used to fund payroll.

Bay plastics machinery company llc is Unanswered

BAY PLASTICS MACHINERY COMPANY LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

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

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

663000.00

Current Approval Amount

663000.00

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

Unanswered

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48706-1637

CD

MI-08

Jobs Reported

45

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

573000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

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

666407.08

Forgiveness Date

11/03/2020

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