PPP Loan information for Bay management group

$707,200

Bay management group was initially approved for PPP Loan of amount $707,200, the current approved amount is $707,200. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 48 jobs and $707,200 was used to fund payroll.

Bay management group is Existing or more than 2 years old

BAY MANAGEMENT GROUP

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BAY MANAGEMENT GROUP

Borrower Address

1114 Saint Paul Street Unit 1A

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21202

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

707200.00

Current Approval Amount

707200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21202-0400

CD

MD-07

Jobs Reported

48

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6738.00

Payroll Proceed

676166.00

Mortgage Interest Proceed

0.00

Rent Proceed

24296.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

701268.59

Forgiveness Date

11/23/2020

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