PPP Loan information for Bays investment corporation

$317,700

Bays investment corporation was initially approved for PPP Loan of amount $317,700, the current approved amount is $317,700. The loan was approved on 04/11/2020 by The LincolnWay Community Bank reported 33 jobs and $317,700 was used to fund payroll.

Bays investment corporation is Existing or more than 2 years old

PPP Loan Search / IL / JOLIET / Bays investment corporation

BAYS INVESTMENT CORPORATION

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BAYS INVESTMENT CORPORATION

Borrower Address

3077 W JEFFERSON STREET

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60435-0500

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

317700.00

Current Approval Amount

317700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

435260

Servicing Lender Name

LincolnWay Community Bank

Servicing Lender Address

1000 E Lincoln Hwy

Servicing Lender City

NEW LENOX

Servicing Lender State

IL

Servicing Lender Zip

60451-2145

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60435-0500

CD

IL-14

Jobs Reported

33

NAICS Code

531312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

246160.00

Mortgage Interest Proceed

61540.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

435260

Originating Lender

LincolnWay Community Bank

Originating Lender City

NEW LENOX

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309445.04

Forgiveness Date

11/10/2020

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