# PPP loan: BAY CAST, INC.
> **$1.11M** approved 04/03/2020 · Paid in Full · Loan `4359777007`
## Borrower
- **Name:** BAY CAST, INC.
- **Address:** 2611 Center Avenue, BAY CITY, MI, 48708-6306
- **NAICS:** 331513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.12M (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $921K
- **Mortgage interest:** $5K
- **Utilities:** $180K
- **Jobs reported:** 100
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*