# PPP loan: BAYCO FINANCIAL CORPORATION
> **$290K** approved 04/16/2020 · Paid in Full · Loan `2522017200`
## Borrower
- **Name:** BAYCO FINANCIAL CORPORATION
- **Address:** 24050 MADISON STREET SUITE 101, TORRANCE, CA, 90505
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Jobs reported:** 27
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*