# PPP loan: BAY DIESEL CORPORATION
> **$725K** approved 02/20/2021 · Paid in Full · Loan `2259148507`
## Borrower
- **Name:** BAY DIESEL CORPORATION
- **Address:** 3736 Cook Blvd, Chesapeake, VA, 23323-1604
- **NAICS:** 336611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $725K
- **Initial approval:** $725K
- **Forgiven:** $729K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $725K
- **Jobs reported:** 56
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*