PPP Loan information for Bay shores oil inc.

$306,600

Bay shores oil inc. was initially approved for PPP Loan of amount $306,600, the current approved amount is $306,600. The loan was approved on 04/14/2020 by The Community Bank of Mississippi reported 57 jobs and $306,600 was used to fund payroll.

Bay shores oil inc. is Existing or more than 2 years old

PPP Loan Search / AL / FAIRHOPE / Bay shores oil inc.

BAY SHORES OIL INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BAY SHORES OIL INC.

Borrower Address

351 GREENO RD

Borrower City

FAIRHOPE

Borrower State

AL

Borrower Zip

36532-1904

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

306600.00

Current Approval Amount

306600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRHOPE

Project County Name

BALDWIN

Project State

AL

Project Zip

36532-1904

CD

AL-01

Jobs Reported

57

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

36800.00

Payroll Proceed

269800.00

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309565.20

Forgiveness Date

04/12/2021

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