PPP Loan information for Bay area electric inc.

$185,532

Bay area electric inc. was initially approved for PPP Loan of amount $185,532, the current approved amount is $185,532. The loan was approved on 01/23/2021 by The Loan Source Incorporated reported 13 jobs and $185,532 was used to fund payroll.

Bay area electric inc. is Existing or more than 2 years old

PPP Loan Search / FL / Sarasota / Bay area electric inc.

BAY AREA ELECTRIC INC.

Date Approved

01/23/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

BAY AREA ELECTRIC INC.

Borrower Address

6244 Clark Center Ave Unit 2

Borrower City

Sarasota

Borrower State

FL

Borrower Zip

34238-1722

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

185532.00

Current Approval Amount

185532.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sarasota

Project County Name

SARASOTA

Project State

FL

Project Zip

34238-1722

CD

FL-17

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

185526.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

123499

Originating Lender

BayFirst National Bank

Originating Lender City

Saint Petersburg

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

186980.67

Forgiveness Date

12/08/2021

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