PPP Loan information for Bay contracting, inc

$550,000

Bay contracting, inc was initially approved for PPP Loan of amount $550,000, the current approved amount is $550,000. The loan was approved on 04/10/2020 by The MountainOne Bank reported 29 jobs and $550,000 was used to fund payroll.

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

PPP Loan Search / MA / Waltham / Bay contracting, inc

BAY CONTRACTING, INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BAY CONTRACTING, INC

Borrower Address

56 Felton St

Borrower City

Waltham

Borrower State

MA

Borrower Zip

02453-4116

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550000.00

Current Approval Amount

550000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33181

Servicing Lender Name

MountainOne Bank

Servicing Lender Address

93 Main St

Servicing Lender City

NORTH ADAMS

Servicing Lender State

MA

Servicing Lender Zip

01247-3405

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waltham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02453-4116

CD

MA-05

Jobs Reported

29

NAICS Code

238140

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

550000.00

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

Subchapter S Corporation

Originating Lender Location Id

33181

Originating Lender

MountainOne Bank

Originating Lender City

NORTH ADAMS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

555273.97

Forgiveness Date

04/06/2021

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