PPP Loan information for Damascus bakery inc

$531,820

Damascus bakery inc was initially approved for PPP Loan of amount $531,820, the current approved amount is $531,820. The loan was approved on 04/15/2020 by The Santander Bank, National Association reported 36 jobs and $531,820 was used to fund payroll.

Damascus bakery inc is Existing or more than 2 years old

DAMASCUS BAKERY INC

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

DAMASCUS BAKERY INC

Borrower Address

56 Gold Street

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11201

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

531820.00

Current Approval Amount

531820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11201-0001

CD

NY-10

Jobs Reported

36

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

531820.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

537327.62

Forgiveness Date

05/06/2021

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