Date Approved
02/09/2021
SBA Office Code
0373
Processing Method
PPS
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
04/13/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
80386.00
Current Approval Amount
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
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
Project County Name
WORCESTER
Project State
Project Zip
CD
MD-01
Jobs Reported
10
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
80383.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
81272.48
Forgiveness Date
03/22/2022