PPP Loan information for City of baltimore development corporation

$670,955

City of baltimore development corporation was initially approved for PPP Loan of amount $670,955, the current approved amount is $670,955. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 42 jobs and $670,955 was used to fund payroll.

City of baltimore development corporation is Existing or more than 2 years old

CITY OF BALTIMORE DEVELOPMENT CORPORATION

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CITY OF BALTIMORE DEVELOPMENT CORPORATION

Borrower Address

36 South Charles Street Suite 2100

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21201

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

670955.00

Current Approval Amount

670955.00

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

21201-0400

CD

MD-07

Jobs Reported

42

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

530955.00

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

70000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

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

Y

Forgiveness Amount

678160.87

Forgiveness Date

05/21/2021

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