PPP Loan information for Fernando's bakery inc.

$702,507

Fernando's bakery inc. was initially approved for PPP Loan of amount $702,507, the current approved amount is $702,507. The loan was approved on 04/20/2021 by The JPMorgan Chase Bank, National Association reported 85 jobs and $702,507 was used to fund payroll.

Fernando's bakery inc. is Existing or more than 2 years old

FERNANDO'S BAKERY INC.

Date Approved

04/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FERNANDO'S BAKERY INC.

Borrower Address

5-7 Sherman St

Borrower City

Linden

Borrower State

NJ

Borrower Zip

07036-1961

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

702507.00

Current Approval Amount

702507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Linden

Project County Name

UNION

Project State

NJ

Project Zip

07036-1961

CD

NJ-10

Jobs Reported

85

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

702502.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

707842.54

Forgiveness Date

01/28/2022

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