PPP Loan information for Baywood hotels inc.

$2,000,000

Baywood hotels inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The Municipal Empl CU of Baltimore Inc reported 183 jobs and $2,000,000 was used to fund payroll.

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

BAYWOOD HOTELS INC.

Date Approved

02/06/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

BAYWOOD HOTELS INC.

Borrower Address

9130 Guilford Rd

Borrower City

Columbia

Borrower State

MD

Borrower Zip

21046-1803

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98122

Servicing Lender Name

Municipal Empl CU of Baltimore Inc

Servicing Lender Address

One South St

Servicing Lender City

BALTIMORE

Servicing Lender State

MD

Servicing Lender Zip

21202

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

183

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1999999.00

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

98122

Originating Lender

Municipal Empl CU of Baltimore Inc

Originating Lender City

BALTIMORE

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2022794.52

Forgiveness Date

04/05/2022

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