PPP Loan information for Bakers restaurant

$95,717

Bakers restaurant was initially approved for PPP Loan of amount $95,717, the current approved amount is $95,717. The loan was approved on 04/13/2020 by The Fulton Bank, National Association reported 27 jobs and $95,717 was used to fund payroll.

Bakers restaurant is Existing or more than 2 years old

BAKERS RESTAURANT

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BAKERS RESTAURANT

Borrower Address

1075 Augustine Herman Highway

Borrower City

ELKTON

Borrower State

MD

Borrower Zip

21921-7854

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95717.00

Current Approval Amount

95717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKTON

Project County Name

CECIL

Project State

MD

Project Zip

21921-7854

CD

MD-01

Jobs Reported

27

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19143.00

Payroll Proceed

76574.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96543.89

Forgiveness Date

03/01/2021

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