PPP Loan information for Linda's salem bakery, inc.

$247,000

Linda's salem bakery, inc. was initially approved for PPP Loan of amount $247,000, the current approved amount is $247,000. The loan was approved on 04/06/2020 by The River Bank reported 74 jobs and $247,000 was used to fund payroll.

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

LINDA'S SALEM BAKERY, INC.

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LINDA'S SALEM BAKERY, INC.

Borrower Address

190 CITY HIGHWAY 16

Borrower City

WEST SALEM

Borrower State

WI

Borrower Zip

54669-1185

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247000.00

Current Approval Amount

247000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76816

Servicing Lender Name

River Bank

Servicing Lender Address

145 N Main St

Servicing Lender City

STODDARD

Servicing Lender State

WI

Servicing Lender Zip

54658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST SALEM

Project County Name

LA CROSSE

Project State

WI

Project Zip

54669-1185

CD

WI-03

Jobs Reported

74

NAICS Code

311811

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7820.00

Payroll Proceed

222180.00

Mortgage Interest Proceed

17000.00

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

76816

Originating Lender

River Bank

Originating Lender City

STODDARD

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

248687.83

Forgiveness Date

12/16/2020

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