PPP Loan information for Grandma's bakery, inc.

$556,200

Grandma's bakery, inc. was initially approved for PPP Loan of amount $556,200, the current approved amount is $556,200. The loan was approved on 04/07/2020 by The First Resource Bank reported 79 jobs and $556,200 was used to fund payroll.

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

GRANDMA'S BAKERY, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GRANDMA'S BAKERY, INC.

Borrower Address

1765 Buerkle Road

Borrower City

White Bear Lake

Borrower State

MN

Borrower Zip

55110-5250

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

556200.00

Current Approval Amount

556200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Bear Lake

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-5250

CD

MN-04

Jobs Reported

79

NAICS Code

311811

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

35206.05

Payroll Proceed

446838.00

Mortgage Interest Proceed

0.00

Rent Proceed

74155.95

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

560360.07

Forgiveness Date

01/19/2021

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