PPP Loan information for Russo bakery inc

$160,142

Russo bakery inc was initially approved for PPP Loan of amount $160,142, the current approved amount is $160,142. The loan was approved on 05/13/2020 by The Bank of America, National Association reported 29 jobs and $160,142 was used to fund payroll.

Russo bakery inc is Existing or more than 2 years old

RUSSO BAKERY INC

Date Approved

05/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RUSSO BAKERY INC

Borrower Address

35160 FORTON CT

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48035-3130

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160142.00

Current Approval Amount

160142.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48035-3130

CD

MI-10

Jobs Reported

29

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160142.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161734.65

Forgiveness Date

05/13/2021

;