PPP borrower record

BAY ELECTRIC INC PPP loan record

Public SBA PPP loan record for BAY ELECTRIC INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$215,925
Approved amount
$217,114
Forgiven amount
2020-04-11
Date approved

Borrower and loan details

Borrower
BAY ELECTRIC INC
Loan number
3485327106
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Dollar Bay
Borrower state
Michigan
Borrower ZIP
49922
Jobs reported
26
Loan status
Paid in Full
Forgiveness date
2020-11-05
Servicing lender
Superior National Bank
Originating lender
Superior National Bank

Reported use of proceeds

Payroll
$193,652
Rent
$15,000
Utilities
$854
Mortgage interest
N/A
Health care
$6,419
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.