PPP Loan information for Bay business group llc

$365,000

Bay business group llc was initially approved for PPP Loan of amount $365,000, the current approved amount is $365,000. The loan was approved on 05/01/2020 by The American Express National Bank reported 30 jobs and $365,000 was used to fund payroll.

Bay business group llc is Existing or more than 2 years old

PPP Loan Search / VA / Falls Church / Bay business group llc

BAY BUSINESS GROUP LLC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BAY BUSINESS GROUP LLC

Borrower Address

105 East Annandale Road

Borrower City

Falls Church

Borrower State

VA

Borrower Zip

22046

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

365000.00

Current Approval Amount

365000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Falls Church

Project County Name

FALLS CHURCH CITY

Project State

VA

Project Zip

22046-1800

CD

VA-08

Jobs Reported

30

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18250.00

Payroll Proceed

310250.00

Mortgage Interest Proceed

0.00

Rent Proceed

18250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18250.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

367150.00

Forgiveness Date

12/16/2020

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