PPP Loan information for Down east baking company, inc.

$278,000

Down east baking company, inc. was initially approved for PPP Loan of amount $278,000, the current approved amount is $278,000. The loan was approved on 04/11/2020 by The First-Citizens Bank & Trust Company reported 43 jobs and $278,000 was used to fund payroll.

Down east baking company, inc. is New Business or 2 years or less

DOWN EAST BAKING COMPANY, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DOWN EAST BAKING COMPANY, INC.

Borrower Address

826 RIVIT ST

Borrower City

GREENVILLE

Borrower State

NC

Borrower Zip

27834-0846

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278000.00

Current Approval Amount

278000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GREENVILLE

Project County Name

PITT

Project State

NC

Project Zip

27834-0846

CD

NC-01

Jobs Reported

43

NAICS Code

311811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

278000.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279822.44

Forgiveness Date

12/09/2020

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