PPP Loan information for Bay concrete construction company

$323,800

Bay concrete construction company was initially approved for PPP Loan of amount $323,800, the current approved amount is $323,800. The loan was approved on 04/10/2020 by The TowneBank reported 30 jobs and $323,800 was used to fund payroll.

Bay concrete construction company is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Bay concrete construction company

BAY CONCRETE CONSTRUCTION COMPANY

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BAY CONCRETE CONSTRUCTION COMPANY

Borrower Address

1735 West Road

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23323-6430

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323800.00

Current Approval Amount

323800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23323-6430

CD

VA-02

Jobs Reported

30

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

323800.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

326894.09

Forgiveness Date

03/31/2021

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