# PPP loan: BAY PLASTICS MACHINERY COMPANY LLC
> **$625K** approved 01/16/2021 · Paid in Full · Loan `1058838305`
## Borrower
- **Name:** BAY PLASTICS MACHINERY COMPANY LLC
- **Address:** 3494 N Euclid Ave, Bay City, MI, 48706-1637
- **NAICS:** 333249
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $625K
- **Initial approval:** $625K
- **Forgiven:** $628K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $625K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*