Bay Engineering INC

$470,890 PPP Loan in Annapolis, Maryland

Loan Details

Loan Number
7227697107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$470,890
Current Approval
$470,890
Forgiveness Amount
$473,676
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bay Engineering INC
Address
2661 Riva Road Building 800
ZIP Code
21401
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$470,890

Lender Information

Servicing Lender
Shore United Bank, National Association
Originating Lender
Severn Bank, a Division of

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