# PPP loan: BAY WELDING SERVICES, INC.
> **$564K** approved 04/06/2020 · Paid in Full · Loan `5908717009`
## Borrower
- **Name:** BAY WELDING SERVICES, INC.
- **Address:** 3301 East END RD, HOMER, AK, 99603-9477
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $564K
- **Initial approval:** $564K
- **Forgiven:** $567K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $564K
- **Jobs reported:** 38
## Lender
- **Originating:** Northrim Bank
- **Servicing:** Northrim Bank (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*