# PPP loan: BAY MECHANICAL & ELECTRICAL
> **$973K** approved 01/29/2021 · Paid in Full · Loan `8617878305`
## Borrower
- **Name:** BAY MECHANICAL & ELECTRICAL
- **Address:** 2221 W Park Dr, Lorain, OH, 44053-1158
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $973K
- **Initial approval:** $973K
- **Forgiven:** $980K (101%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $973K
- **Jobs reported:** 75
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*