PPP Loan information for Bay boat works, inc

$71,020

Bay boat works, inc was initially approved for PPP Loan of amount $71,020, the current approved amount is $71,020. The loan was approved on 04/10/2020 by The Fulton Bank, National Association reported 5 jobs and $71,020 was used to fund payroll.

Bay boat works, inc is Existing or more than 2 years old

BAY BOAT WORKS, INC

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BAY BOAT WORKS, INC

Borrower Address

145 Hances Point Rd

Borrower City

North East

Borrower State

MD

Borrower Zip

21901-5307

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71020.00

Current Approval Amount

71020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North East

Project County Name

CECIL

Project State

MD

Project Zip

21901-5307

CD

MD-01

Jobs Reported

5

NAICS Code

713930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17755.00

Payroll Proceed

53265.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71406.66

Forgiveness Date

11/02/2020

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