PPP Loan information for Bay steel inc.

$46,774

Bay steel inc. was initially approved for PPP Loan of amount $46,774, the current approved amount is $46,774. The loan was approved on 01/21/2021 by The Hebron Savings Bank reported 4 jobs and $46,774 was used to fund payroll.

Bay steel inc. is Existing or more than 2 years old

PPP Loan Search / MD / Salisbury / Bay steel inc.

BAY STEEL INC.

Date Approved

01/21/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

BAY STEEL INC.

Borrower Address

707 Brown St

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21804-3759

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46774.00

Current Approval Amount

46774.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30707

Servicing Lender Name

Hebron Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

HEBRON

Servicing Lender State

MD

Servicing Lender Zip

21830-1039

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-3759

CD

MD-01

Jobs Reported

4

NAICS Code

332312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46771.00

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

30707

Originating Lender

Hebron Savings Bank

Originating Lender City

HEBRON

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47007.58

Forgiveness Date

08/18/2021

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