# PPP loan: BAY MOTOR WINDING, INC.
> **$246K** approved 04/10/2020 · Paid in Full · Loan `1780767102`
## Borrower
- **Name:** BAY MOTOR WINDING, INC.
- **Address:** 125 N OCEAN WAVE AVE, LONG BEACH, MS, 39560-5017
- **NAICS:** 335312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Jobs reported:** 21
## Lender
- **Originating:** The Peoples Bank
- **Servicing:** The Peoples Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*