PPP Loan information for Cakes for occasions inc.

$114,175

Cakes for occasions inc. was initially approved for PPP Loan of amount $114,175, the current approved amount is $114,175. The loan was approved on 01/29/2021 by The Salem Five Cents Savings Bank reported 37 jobs and $114,175 was used to fund payroll.

Cakes for occasions inc. is Existing or more than 2 years old

CAKES FOR OCCASIONS INC.

Date Approved

01/29/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CAKES FOR OCCASIONS INC.

Borrower Address

57 Maple St

Borrower City

Danvers

Borrower State

MA

Borrower Zip

01923-2841

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114175.00

Current Approval Amount

114175.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danvers

Project County Name

ESSEX

Project State

MA

Project Zip

01923-2841

CD

MA-06

Jobs Reported

37

NAICS Code

311813

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

114171.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114869.56

Forgiveness Date

09/10/2021

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