# PPP loan: BAY POINT TRS, LLC
> **$3.19M** approved 04/13/2020 · Paid in Full · Loan `4842947108`
## Borrower
- **Name:** BAY POINT TRS, LLC
- **Address:** 4114 Jan Cooley Dr. 0.0, Panama City Beach, FL, 32408-7421
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.19M
- **Initial approval:** $3.19M
- **Forgiven:** $3.24M (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.40M
- **Rent:** $4K
- **Mortgage interest:** $400K
- **Utilities:** $80K
- **Debt interest:** $314K
- **Jobs reported:** 171
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*