# PPP loan: BAY ABNER INC.
> **$178K** approved 02/04/2021 · Paid in Full · Loan `2796218401`
## Borrower
- **Name:** BAY ABNER INC.
- **Address:** 3748 Harbor Road, Chesapeake Beach, MD, 20732
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 07/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $178K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Shore United Bank, National Association
- **Servicing:** Shore United Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*