PPP Loan information for Cakes plus, inc

$177,150

Cakes plus, inc was initially approved for PPP Loan of amount $177,150, the current approved amount is $177,150. The loan was approved on 08/04/2020 by The Sandy Spring Bank reported 37 jobs and $177,150 was used to fund payroll.

Cakes plus, inc is Existing or more than 2 years old

CAKES PLUS, INC

Date Approved

08/04/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CAKES PLUS, INC

Borrower Address

3325 CORRIDOR MARKETPLACE

Borrower City

LAUREL

Borrower State

MD

Borrower Zip

20724-2376

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177150.00

Current Approval Amount

177150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

20724-2376

CD

MD-05

Jobs Reported

37

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

177150.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

179076.81

Forgiveness Date

09/08/2021

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