BALTIMORE ARTS REALTY CORPORATION (MD) - 2020 PPP Loan Borrower Profile (# 5534377204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BALTIMORE ARTS REALTY CORPORATION. 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

5534377204

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$58,327

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$58,684.95

Date Loan was Forgiven

Dec 16, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,312

Payroll Proced

41,930

Mortgage Interest Proceed

Rent Proceed

12,527

Refinance EIDL Proceed

Health Care Proceed

1,558

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Non-Profit Organization

NAICS

531312

Borrower Location

Baltimore, MD

Project Location

Baltimore, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.