Bay Electric Motor, LLC

$12,200 PPP Loan in Gloucester, Virginia

Loan Details

Loan Number
1116257104
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$12,200
Current Approval
$12,200
Forgiveness Amount
$12,276
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bay Electric Motor, LLC
Address
12266 Poplar Trl
ZIP Code
23061-2644
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (336320)
Business Age
New Business or 2 years or less
Jobs Reported
1
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-01

Loan Use Breakdown

Payroll
$11,200
Rent
$1,000

Lender Information

Servicing Lender
Chesapeake Bank
Originating Lender
Chesapeake Bank

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