PPP Loan information for Bayco financial corporation

$289,970

Bayco financial corporation was initially approved for PPP Loan of amount $289,970, the current approved amount is $289,970. The loan was approved on 04/16/2020 by The U.S. Bank, National Association reported 27 jobs and $289,970 was used to fund payroll.

Bayco financial corporation is New Business or 2 years or less

PPP Loan Search / CA / TORRANCE / Bayco financial corporation

BAYCO FINANCIAL CORPORATION

Date Approved

04/16/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

BAYCO FINANCIAL CORPORATION

Borrower Address

24050 MADISON STREET SUITE 101

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90505

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289970.00

Current Approval Amount

289970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90505-0001

CD

CA-36

Jobs Reported

27

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

289970.00

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

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293576.75

Forgiveness Date

07/22/2021

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