PPP Loan information for Bay sails inn, llc

$48,300

Bay sails inn, llc was initially approved for PPP Loan of amount $48,300, the current approved amount is $48,300. The loan was approved on 04/05/2020 by The Hebron Savings Bank reported 10 jobs and $48,300 was used to fund payroll.

Bay sails inn, llc is Existing or more than 2 years old

PPP Loan Search / MD / OCEAN CITY / Bay sails inn, llc

BAY SAILS INN, LLC

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BAY SAILS INN, LLC

Borrower Address

102 60TH ST

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-5332

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48300.00

Current Approval Amount

48300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30707

Servicing Lender Name

Hebron Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

HEBRON

Servicing Lender State

MD

Servicing Lender Zip

21830-1039

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN CITY

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-5332

CD

MD-01

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

38660.00

Mortgage Interest Proceed

5640.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

30707

Originating Lender

Hebron Savings Bank

Originating Lender City

HEBRON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48725.31

Forgiveness Date

02/25/2021

;