Bay Products, Inc.

$242,825 PPP Loan in Fraser, Michigan

Loan Details

Loan Number
1013937703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$242,825
Current Approval
$242,825
Forgiveness Amount
$245,185
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bay Products, Inc.
Address
17800 15 Mile Road
City
Fraser
ZIP Code
48026
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$198,422
Rent
$30,670
Utilities
$6,251
Health Care
$7,482

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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