PPP Loan information for Scratch cupcakery, llc

$153,319

Scratch cupcakery, llc was initially approved for PPP Loan of amount $153,319, the current approved amount is $153,319. The loan was approved on 04/06/2020 by The Lincoln Savings Bank reported 61 jobs and $153,319 was used to fund payroll.

Scratch cupcakery, llc is Existing or more than 2 years old

SCRATCH CUPCAKERY, LLC

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCRATCH CUPCAKERY, LLC

Borrower Address

315 MAIN ST

Borrower City

CEDAR FALLS

Borrower State

IA

Borrower Zip

50613-2720

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153318.62

Current Approval Amount

153318.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR FALLS

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-2720

CD

IA-02

Jobs Reported

61

NAICS Code

311811

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3318.62

Payroll Proceed

122000.00

Mortgage Interest Proceed

4000.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144118.82

Forgiveness Date

11/05/2020

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