PPP Loan information for Bay environmental inc

$325,000

Bay environmental inc was initially approved for PPP Loan of amount $325,000, the current approved amount is $325,000. The loan was approved on 04/07/2020 by The Fulton Bank, National Association reported 30 jobs and $325,000 was used to fund payroll.

Bay environmental inc is Existing or more than 2 years old

BAY ENVIRONMENTAL INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BAY ENVIRONMENTAL INC

Borrower Address

648 INDEPENDENCE PKWY

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-5177

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325000.00

Current Approval Amount

325000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

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

23320-5177

CD

VA-03

Jobs Reported

30

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

244000.00

Mortgage Interest Proceed

0.00

Rent Proceed

81000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

327572.92

Forgiveness Date

01/28/2021

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