PPP Loan information for Bay area contracting inc

$241,425

Bay area contracting inc was initially approved for PPP Loan of amount $241,425, the current approved amount is $241,425. The loan was approved on 04/28/2021 by The Hancock Whitney Bank reported 17 jobs and $241,425 was used to fund payroll.

Bay area contracting inc is Existing or more than 2 years old

PPP Loan Search / AL / Mobile / Bay area contracting inc

BAY AREA CONTRACTING INC

Date Approved

04/28/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

BAY AREA CONTRACTING INC

Borrower Address

3 Spring Bank Rd S

Borrower City

Mobile

Borrower State

AL

Borrower Zip

36608-1812

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

241425.00

Current Approval Amount

241425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mobile

Project County Name

MOBILE

Project State

AL

Project Zip

36608-1812

CD

AL-01

Jobs Reported

17

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

241421.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242632.12

Forgiveness Date

11/10/2021

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