BALANCE POINT WELLNESS, LLC (MD) - 2020 PPP Loan Borrower Profile (# 7431607306)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BALANCE POINT WELLNESS, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Maryland.
Loan Detail
Loan Number
7431607306
SBA Office Code
0373
Processing Method
PPP
Curent Loan Amount
$325,000
Date Loan was Approved
Apr 30, 2020
Amount Forgiven
$327,234.93
Date Loan was Forgiven
Jan 20, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
40,625
Payroll Proced
243,750
Rent Proceed
40,625
Lender
BSD Capital, LLC dba Lendistry
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
621330
Borrower Location
Baltimore, MD
Project Location
Baltimore, MD
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
62
Business Age Description
Existing or more than 2 years old
Data Source: SBA.