# PPP loan: BAY ELECTRIC OF COLLIER COUNTY
> **$181K** approved 04/02/2021 · Paid in Full · Loan `5616658706`
## Borrower
- **Name:** BAY ELECTRIC OF COLLIER COUNTY
- **Address:** 4106 Arnold Ave, Naples, FL, 34104-3387
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $183K (101%)
- **Forgiveness date:** 05/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 20
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*