Bay Mortgage Corporation

$72,500 PPP Loan in Fairhope, Alabama

Loan Details

Loan Number
7087367001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$72,500
Current Approval
$72,500
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
24 months
Draw
First Draw

Business Information

Business Name
Bay Mortgage Corporation
Address
7549 Assunta Ct
State
Alabama
ZIP Code
36532-3069
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (522310)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$54,375
Rent
$3,625
Utilities
$3,625
Health Care
$3,625
Mortgage Interest
$3,625
Debt Interest
$3,625

Lender Information

Servicing Lender
Oakworth Capital Bank
Originating Lender
Oakworth Capital Bank

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