PPP Loan information for New generation bakery, inc.

$36,540

New generation bakery, inc. was initially approved for PPP Loan of amount $36,540, the current approved amount is $36,540. The loan was approved on 04/10/2020 by The Frandsen Bank & Trust reported 4 jobs and $36,540 was used to fund payroll.

New generation bakery, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MORA / New generation bakery, inc.

NEW GENERATION BAKERY, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW GENERATION BAKERY, INC.

Borrower Address

219 Union St S

Borrower City

MORA

Borrower State

MN

Borrower Zip

55051-1545

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36540.00

Current Approval Amount

36540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORA

Project County Name

KANABEC

Project State

MN

Project Zip

55051-1545

CD

MN-08

Jobs Reported

4

NAICS Code

812990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3040.00

Payroll Proceed

27500.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36744.22

Forgiveness Date

11/12/2020

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