# PPP loan: BAY POINT CONTROL, INC.
> **$1.56M** approved 04/15/2020 · Paid in Full · Loan `1979157202`
## Borrower
- **Name:** BAY POINT CONTROL, INC.
- **Address:** 799 THORNTON ST, SAN LEANDRO, CA, 94577-2628
- **NAICS:** 811412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.43M
- **Rent:** $68K
- **Utilities:** $12K
- **Health care:** $47K
- **Jobs reported:** 36
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*