PPP Loan information for Bayan enterprises

$270,391

Bayan enterprises was initially approved for PPP Loan of amount $270,391, the current approved amount is $270,391. The loan was approved on 03/12/2021 by The Pioneer Trust Bank, National Association reported 39 jobs and $270,391 was used to fund payroll.

Bayan enterprises is Existing or more than 2 years old

BAYAN ENTERPRISES

Date Approved

03/12/2021

SBA Office Code

1086

Processing Method

PPP

Borrower Name

BAYAN ENTERPRISES

Borrower Address

1455 20th St SE

Borrower City

Salem

Borrower State

OR

Borrower Zip

97302-1208

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

270391.00

Current Approval Amount

270391.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59705

Servicing Lender Name

Pioneer Trust Bank, National Association

Servicing Lender Address

109 Commercial St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-3402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97302-1208

CD

OR-06

Jobs Reported

39

NAICS Code

532490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

270389.00

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

Subchapter S Corporation

Originating Lender Location Id

59705

Originating Lender

Pioneer Trust Bank, National Association

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

272968.97

Forgiveness Date

03/09/2022

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