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Bay Mechanical & Electrical

$979,200 PPP Loan in Lorain, Ohio

Loan Details

Loan Number
4092047109
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$979,200
Current Approval
$979,200
Forgiveness Amount
$990,107
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bay Mechanical & Electrical
Address
2221 W Park Dr
City
Lorain
State
Ohio
ZIP Code
44053-1158
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
OH-05

Loan Use Breakdown

Payroll
$979,200

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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