PPP Loan information for Baywood hotels, inc.

$3,443,714

Baywood hotels, inc. was initially approved for PPP Loan of amount $3,443,714, the current approved amount is $3,443,714. The loan was approved on 04/10/2020 by The WesBanco Bank, Inc. reported 185 jobs and $3,443,714 was used to fund payroll.

Baywood hotels, inc. is Existing or more than 2 years old

BAYWOOD HOTELS, INC.

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BAYWOOD HOTELS, INC.

Borrower Address

9130 GUILFORD RD

Borrower City

COLUMBIA

Borrower State

MD

Borrower Zip

21046-1803

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3443714.00

Current Approval Amount

3443714.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

HOWARD

Project State

MD

Project Zip

21046-1803

CD

MD-03

Jobs Reported

185

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3443714.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3482962.90

Forgiveness Date

06/11/2021

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