# PPP loan: BAYTECHIT, LLC
> **$628K** approved 04/07/2020 · Paid in Full · Loan `7018907004`
## Borrower
- **Name:** BAYTECHIT, LLC
- **Address:** 4 OPEN SQUARE, HOLYOKE, MA, 01040-6295
- **NAICS:** 541519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $628K
- **Initial approval:** $628K
- **Forgiven:** $634K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $557K
- **Health care:** $71K
- **Jobs reported:** 51
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*