PPP Loan information for Bay steel, inc.

$46,700

Bay steel, inc. was initially approved for PPP Loan of amount $46,700, the current approved amount is $46,700. The loan was approved on 04/07/2020 by The Hebron Savings Bank reported 4 jobs and $46,700 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

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BAY STEEL, INC.

Borrower Address

707 Brown St

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21804-3759

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46700.00

Current Approval Amount

46700.00

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

332111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2320.00

Payroll Proceed

37420.00

Mortgage Interest Proceed

6960.00

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

47078.79

Forgiveness Date

02/04/2021

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