PPP Loan information for Damascus bakery opco, llc

$2,962,298

Damascus bakery opco, llc was initially approved for PPP Loan of amount $2,962,298, the current approved amount is $2,962,298. The loan was approved on 04/15/2020 by The Blue Foundry Bank reported 289 jobs and $2,962,298 was used to fund payroll.

Damascus bakery opco, llc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Damascus bakery opco, llc

DAMASCUS BAKERY OPCO, LLC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DAMASCUS BAKERY OPCO, LLC

Borrower Address

60 McClellan Street

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07114-2112

Loan Status Date

01/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2962298.03

Current Approval Amount

2962298.03

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85732

Servicing Lender Name

Blue Foundry Bank

Servicing Lender Address

19 Park Avenue

Servicing Lender City

Rutherford

Servicing Lender State

NJ

Servicing Lender Zip

07070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-2112

CD

NJ-10

Jobs Reported

289

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2962298.03

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

Limited Liability Company(LLC)

Originating Lender Location Id

85732

Originating Lender

Blue Foundry Bank

Originating Lender City

Rutherford

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3000231.90

Forgiveness Date

08/06/2021

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