# PPP loan: CITY OF BALTIMORE DEVELOPMENT CORPORATION
> **$671K** approved 04/15/2020 · Paid in Full · Loan `1297257200`
## Borrower
- **Name:** CITY OF BALTIMORE DEVELOPMENT CORPORATION
- **Address:** 36 South Charles Street Suite 2100, Baltimore, MD, 21201
- **NAICS:** 926110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $671K
- **Initial approval:** $671K
- **Forgiven:** $678K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $531K
- **Rent:** $70K
- **Health care:** $70K
- **Jobs reported:** 42
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*