PPP Loan information for Bereket inc

$48,801

Bereket inc was initially approved for PPP Loan of amount $48,801, the current approved amount is $48,801. The loan was approved on 03/16/2021 by The BayVanguard Bank reported 10 jobs and $48,801 was used to fund payroll.

Bereket inc is Existing or more than 2 years old

BEREKET INC

Date Approved

03/16/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

BEREKET INC

Borrower Address

2924 Old Route 50

Borrower City

Cambridge

Borrower State

MD

Borrower Zip

21613-4407

Loan Status Date

07/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48800.50

Current Approval Amount

48800.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89333

Servicing Lender Name

BayVanguard Bank

Servicing Lender Address

7114 N Point Rd

Servicing Lender City

BALTIMORE

Servicing Lender State

MD

Servicing Lender Zip

21219-1220

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

DORCHESTER

Project State

MD

Project Zip

21613-4407

CD

MD-01

Jobs Reported

10

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48797.50

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

89333

Originating Lender

BayVanguard Bank

Originating Lender City

BALTIMORE

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49416.86

Forgiveness Date

06/22/2022

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