# PPP loan: BAY CORRUGATED CONTAINER,INC
> **$2.58M** approved 04/10/2020 · Paid in Full · Loan `1956807106`
## Borrower
- **Name:** BAY CORRUGATED CONTAINER,INC
- **Address:** 1655 WEST 7TH STREET, MONROE, MI, 48161-1686
- **NAICS:** 322211
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.58M
- **Initial approval:** $2.58M
- **Forgiven:** $2.36M (92%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 119 months
## Use of funds
- **Payroll:** $2.58M
- **Jobs reported:** 260
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*