PPP Loan information for Italian bakery inc.

$30,000

Italian bakery inc. was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 04/28/2020 by The Park State Bank reported 9 jobs and $30,000 was used to fund payroll.

Italian bakery inc. is Existing or more than 2 years old

ITALIAN BAKERY INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ITALIAN BAKERY INC.

Borrower Address

318 Chestnut St Street

Borrower City

VIRGINIA

Borrower State

MN

Borrower Zip

55792-2524

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55792-2524

CD

MN-08

Jobs Reported

9

NAICS Code

333241

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

24354.00

Mortgage Interest Proceed

4646.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

30225.83

Forgiveness Date

01/26/2021

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