Bay Electric Co Inc.

$869,700 PPP Loan in Newport News, Virginia

Loan Details

Loan Number
4262658507
Date Approved
Feb 25, 2021
Loan Status
Paid in Full
Initial Approval
$869,700
Current Approval
$869,700
Forgiveness Amount
$875,967
Forgiveness Date
Nov 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Bay Electric Co Inc.
Address
627 36th St
ZIP Code
23607-3015
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.9M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$869,698
Utilities
$1

Lender Information

Servicing Lender
Primis Bank
Originating Lender
Primis Bank

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