PPP Loan information for Buddy-cake inc

$145,958

Buddy-cake inc was initially approved for PPP Loan of amount $162,415, the current approved amount is $145,958. The loan was approved on 04/16/2020 by The Farmers & Merchants Bank reported 34 jobs and $145,958 was used to fund payroll.

Buddy-cake inc is Existing or more than 2 years old

BUDDY-CAKE INC

Date Approved

04/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BUDDY-CAKE INC

Borrower Address

9576 S CONGRESS ST

Borrower City

NEW MARKET

Borrower State

VA

Borrower Zip

22844-9451

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162415.00

Current Approval Amount

145958.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW MARKET

Project County Name

SHENANDOAH

Project State

VA

Project Zip

22844-9451

CD

VA-06

Jobs Reported

34

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

145958.00

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

Corporation

Originating Lender Location Id

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

147004.03

Forgiveness Date

01/07/2021

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