PPP Loan information for Lace & cakes inc.

$213,810

Lace & cakes inc. was initially approved for PPP Loan of amount $213,810, the current approved amount is $213,810. The loan was approved on 01/21/2021 by The The First Bank and Trust Company reported 37 jobs and $213,810 was used to fund payroll.

Lace & cakes inc. is Existing or more than 2 years old

PPP Loan Search / VA / Staunton / Lace & cakes inc.

LACE & CAKES INC.

Date Approved

01/21/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LACE & CAKES INC.

Borrower Address

705 Greenville Ave

Borrower City

Staunton

Borrower State

VA

Borrower Zip

24401-4807

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213809.75

Current Approval Amount

213809.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Staunton

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-4807

CD

VA-06

Jobs Reported

37

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

213804.75

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

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

215252.97

Forgiveness Date

10/06/2021

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