# PPP loan: BAY METALS & FABRICATION LLC
> **$1.54M** approved 04/28/2020 · Paid in Full · Loan `9952977208`
## Borrower
- **Name:** BAY METALS & FABRICATION LLC
- **Address:** 624 Obendorfer Rd, CHESAPEAKE, VA, 23324
- **NAICS:** 811310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Jobs reported:** 103
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*