Bay Electric INC
$215,925 PPP Loan in Dollar Bay, Michigan
Loan Details
- Loan Number
- 3485327106
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $215,925
- Current Approval
- $215,925
- Forgiveness Amount
- $217,114
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bay Electric INC
- Address
- 48643 Banfield Avenue P O Box 297
- City
- Dollar Bay
- State
- Michigan
- ZIP Code
- 49922-9999
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $8.6M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $193,652
- Rent
- $15,000
- Utilities
- $854
- Health Care
- $6,419
Lender Information
- Servicing Lender
- Superior National Bank
- Originating Lender
- Superior National Bank
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