PPP Loan information for Lochels bakery llc

$67,273

Lochels bakery llc was initially approved for PPP Loan of amount $65,453, the current approved amount is $67,273. The loan was approved on 04/09/2020 by The Penn Community Bank reported 11 jobs and $67,273 was used to fund payroll.

Lochels bakery llc is Existing or more than 2 years old

LOCHELS BAKERY LLC

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LOCHELS BAKERY LLC

Borrower Address

57 S. York Road

Borrower City

HATBORO

Borrower State

PA

Borrower Zip

19040-3231

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65453.00

Current Approval Amount

67272.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HATBORO

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19040-3231

CD

PA-04

Jobs Reported

11

NAICS Code

311811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67272.78

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

Limited Liability Company(LLC)

Originating Lender Location Id

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

67753.03

Forgiveness Date

12/31/2020

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