PPP Loan information for Rachel k's bakery

$73,808

Rachel k's bakery was initially approved for PPP Loan of amount $73,808, the current approved amount is $73,808. The loan was approved on 02/05/2021 by The United Bank reported 6 jobs and $73,808 was used to fund payroll.

Rachel k's bakery is Existing or more than 2 years old

RACHEL K'S BAKERY

Date Approved

02/05/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RACHEL K'S BAKERY

Borrower Address

126 N Market St

Borrower City

Washington

Borrower State

NC

Borrower Zip

27889-4948

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73808.00

Current Approval Amount

73808.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

BEAUFORT

Project State

NC

Project Zip

27889-4948

CD

NC-03

Jobs Reported

6

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

73805.00

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

Sole Proprietorship

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74820.81

Forgiveness Date

06/30/2022

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