# PPP loan: BAY AREA RECEIVABLES, INC
> **$185K** approved 04/09/2020 · Paid in Full · Loan `9333287007`
## Borrower
- **Name:** BAY AREA RECEIVABLES, INC
- **Address:** 714 Eastern Shore Dr., SALISBURY, MD, 21804-5953
- **NAICS:** 561440
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Jobs reported:** 29
## Lender
- **Originating:** Hebron Savings Bank
- **Servicing:** Hebron Savings Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*