BAY SHORE DEVELOPMENT CORP (MD) - 2020 PPP Loan Borrower Profile (# 3120188410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAY SHORE DEVELOPMENT CORP. 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

3120188410

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$837,697

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$844,212.42

Date Loan was Forgiven

Nov 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

837,694

Lender

PNC Bank, National Association

Business Detail

Business Type

Corporation

NAICS

713110

Borrower Location

Ocean City, MD

Project Location

Ocean City, MD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

126

Business Age Description

Existing or more than 2 years old

Data Source: SBA.