Bay Electric Co Inc.
$876,155 PPP Loan in Newport News, Virginia
Loan Details
- Loan Number
- 1465057210
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $876,155
- Current Approval
- $876,155
- Forgiveness Amount
- $884,308
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bay Electric Co Inc.
- Address
- 627 36th Street
- City
- Newport News
- State
- Virginia
- ZIP Code
- 23607
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236220)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 64
- Estimated Revenue
- $72.9M
- Rural/Urban
- Urban
- Congressional District
- VA-03
Loan Use Breakdown
- Payroll
- $876,155
Lender Information
- Servicing Lender
- Atlantic Union Bank
- Originating Lender
- Atlantic Union Bank
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|---|---|---|
| Tidewater Physicians Multispecialty Group, P.c. | $10,000,000 | |
| Pbmares, LLP | $5,570,800 | |
| W. M. Jordan Company, Inc. | $5,470,100 | |
| Warwick Plumbing and Heating Corporation | $5,105,200 | |
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