# PPP loan: BAY CONCRETE CONSTRUCTION COMPANY
> **$324K** approved 01/22/2021 · Paid in Full · Loan `4115458310`
## Borrower
- **Name:** BAY CONCRETE CONSTRUCTION COMPANY
- **Address:** 1735 West Rd, Chesapeake, VA, 23323-6430
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $324K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*