# PPP loan: BAYSTAR COAL COMPANY INC.
> **$264K** approved 04/06/2021 · Paid in Full · Loan `7300738709`
## Borrower
- **Name:** BAYSTAR COAL COMPANY INC.
- **Address:** 356 S College Ave, Bluefield, VA, 24605-1709
- **NAICS:** 423520
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 03/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $264K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** New Peoples Bank, Inc.
- **Servicing:** New Peoples Bank, Inc. (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*