PPP Loan information for Brothers baking co inc

$473,097

Brothers baking co inc was initially approved for PPP Loan of amount $553,600, the current approved amount is $473,097. The loan was approved on 04/29/2020 by The 1st Source Bank reported 65 jobs and $473,097 was used to fund payroll.

Brothers baking co inc is Existing or more than 2 years old

PPP Loan Search / MI / Edwardsburg / Brothers baking co inc

BROTHERS BAKING CO INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BROTHERS BAKING CO INC

Borrower Address

27260 Max Street

Borrower City

Edwardsburg

Borrower State

MI

Borrower Zip

49112

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

553600.00

Current Approval Amount

473097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edwardsburg

Project County Name

CASS

Project State

MI

Project Zip

49112-0001

CD

MI-06

Jobs Reported

65

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

473097.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

476434.96

Forgiveness Date

01/14/2021

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