PPP Loan information for Bakers restaurant inc

$150,828

Bakers restaurant inc was initially approved for PPP Loan of amount $150,828, the current approved amount is $150,828. The loan was approved on 01/22/2021 by The Fulton Bank, National Association reported 19 jobs and $150,828 was used to fund payroll.

Bakers restaurant inc is Existing or more than 2 years old

PPP Loan Search / MD / Elkton / Bakers restaurant inc

BAKERS RESTAURANT INC

Date Approved

01/22/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

BAKERS RESTAURANT INC

Borrower Address

1075 Augustine Herman Hwy

Borrower City

Elkton

Borrower State

MD

Borrower Zip

21921-7854

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150828.00

Current Approval Amount

150828.00

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

19

NAICS Code

721199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

150824.00

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

151514.00

Forgiveness Date

11/10/2021

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