PPP Loan information for Bay auto center inc

$261,612

Bay auto center inc was initially approved for PPP Loan of amount $261,612, the current approved amount is $261,612. The loan was approved on 01/21/2021 by The Gateway Bank, FSB reported 23 jobs and $261,612 was used to fund payroll.

Bay auto center inc is Existing or more than 2 years old

BAY AUTO CENTER INC

Date Approved

01/21/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

BAY AUTO CENTER INC

Borrower Address

610 Oak St

Borrower City

Oakland

Borrower State

CA

Borrower Zip

94607-4732

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

261612.00

Current Approval Amount

261612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89895

Servicing Lender Name

Gateway Bank, FSB

Servicing Lender Address

360 8th St

Servicing Lender City

OAKLAND

Servicing Lender State

CA

Servicing Lender Zip

94607-4241

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oakland

Project County Name

ALAMEDA

Project State

CA

Project Zip

94607-4732

CD

CA-12

Jobs Reported

23

NAICS Code

811111

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

261606.00

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

89895

Originating Lender

Gateway Bank, FSB

Originating Lender City

OAKLAND

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

264467.93

Forgiveness Date

03/03/2022

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