Bay Mechanical & Electrical

$973,127 PPP Loan in Lorain, Ohio

Loan Details

Loan Number
8617878305
Date Approved
Jan 29, 2021
Loan Status
Paid in Full
Initial Approval
$973,127
Current Approval
$973,127
Forgiveness Amount
$980,371
Forgiveness Date
Oct 28, 2021
Term
60 months
Draw
Second 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
75
Estimated Revenue
$23.7M
Rural/Urban
Urban
Congressional District
OH-05

Loan Use Breakdown

Payroll
$973,124

Lender Information

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

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