PPP Loan information for Bay towel, inc.

$1,861,000

Bay towel, inc. was initially approved for PPP Loan of amount $1,861,000, the current approved amount is $1,861,000. The loan was approved on 04/04/2020 by The Nicolet National Bank reported 235 jobs and $1,861,000 was used to fund payroll.

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

BAY TOWEL, INC.

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BAY TOWEL, INC.

Borrower Address

2580 S Broadway

Borrower City

GREEN BAY

Borrower State

WI

Borrower Zip

54304-5363

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1861000.00

Current Approval Amount

1861000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203327

Servicing Lender Name

Nicolet National Bank

Servicing Lender Address

111 N Washington St

Servicing Lender City

GREEN BAY

Servicing Lender State

WI

Servicing Lender Zip

54301-4255

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREEN BAY

Project County Name

BROWN

Project State

WI

Project Zip

54304-5363

CD

WI-08

Jobs Reported

235

NAICS Code

812320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

371924.00

Payroll Proceed

1489076.00

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

203327

Originating Lender

Nicolet National Bank

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1874750.72

Forgiveness Date

01/07/2021

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