PPP Loan information for Bay area contracting inc

$309,330

Bay area contracting inc was initially approved for PPP Loan of amount $309,330, the current approved amount is $309,330. The loan was approved on 02/18/2021 by The Independent Bank reported 25 jobs and $309,330 was used to fund payroll.

Bay area contracting inc is Existing or more than 2 years old

PPP Loan Search / MI / Traverse City / Bay area contracting inc

BAY AREA CONTRACTING INC

Date Approved

02/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BAY AREA CONTRACTING INC

Borrower Address

970 Emerson Rd

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49696-8825

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

309330.00

Current Approval Amount

309330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49696-8825

CD

MI-01

Jobs Reported

25

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

309327.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

310872.41

Forgiveness Date

08/24/2021

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