PPP Loan information for The bay area corporation

$600,000

The bay area corporation was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 01/31/2021 by The Bank of America, National Association reported 65 jobs and $600,000 was used to fund payroll.

The bay area corporation is Existing or more than 2 years old

PPP Loan Search / MD / Severna Park / The bay area corporation

THE BAY AREA CORPORATION

Date Approved

01/31/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

THE BAY AREA CORPORATION

Borrower Address

539 Ritchie Hwy

Borrower City

Severna Park

Borrower State

MD

Borrower Zip

21146-2923

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Severna Park

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21146-2923

CD

MD-03

Jobs Reported

65

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

599999.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

603830.14

Forgiveness Date

09/23/2021

;