PPP Loan information for Forge baking company, inc.

$213,800

Forge baking company, inc. was initially approved for PPP Loan of amount $213,800, the current approved amount is $213,800. The loan was approved on 04/08/2020 by The Cambridge Savings Bank reported 34 jobs and $213,800 was used to fund payroll.

Forge baking company, inc. is Existing or more than 2 years old

PPP Loan Search / MA / SOMERVILLE / Forge baking company, inc.

FORGE BAKING COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FORGE BAKING COMPANY, INC.

Borrower Address

626 A SOMERVILLE AVE

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02143-3206

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213800.00

Current Approval Amount

213800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-3206

CD

MA-07

Jobs Reported

34

NAICS Code

424490

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

213800.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205201.47

Forgiveness Date

12/23/2020

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