PPP Loan information for Bakes & kropp ltd.

$337,000

Bakes & kropp ltd. was initially approved for PPP Loan of amount $337,000, the current approved amount is $337,000. The loan was approved on 04/05/2020 by The Dime Community Bank reported 32 jobs and $337,000 was used to fund payroll.

Bakes & kropp ltd. is Existing or more than 2 years old

BAKES & KROPP LTD.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAKES & KROPP LTD.

Borrower Address

154 South Rose St

Borrower City

MOUNT CLEMENS

Borrower State

MI

Borrower Zip

48043-2176

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337000.00

Current Approval Amount

337000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46104

Servicing Lender Name

Dime Community Bank

Servicing Lender Address

2200 Montauk Hwy

Servicing Lender City

BRIDGEHAMPTON

Servicing Lender State

NY

Servicing Lender Zip

11932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT CLEMENS

Project County Name

MACOMB

Project State

MI

Project Zip

48043-2176

CD

MI-10

Jobs Reported

32

NAICS Code

238350

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

269600.00

Mortgage Interest Proceed

0.00

Rent Proceed

67400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46104

Originating Lender

Dime Community Bank

Originating Lender City

BRIDGEHAMPTON

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

340903.58

Forgiveness Date

06/02/2021

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