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
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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