PPP Loan information for Sherry bakes, llc

$121,900

Sherry bakes, llc was initially approved for PPP Loan of amount $121,900, the current approved amount is $121,900. The loan was approved on 04/09/2020 by The Truist Bank reported 50 jobs and $121,900 was used to fund payroll.

Sherry bakes, llc is Existing or more than 2 years old

SHERRY BAKES, LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SHERRY BAKES, LLC

Borrower Address

106 JERDONE PL

Borrower City

YORKTOWN

Borrower State

VA

Borrower Zip

23692-4200

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121900.00

Current Approval Amount

121900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YORKTOWN

Project County Name

YORK

Project State

VA

Project Zip

23692-4200

CD

VA-01

Jobs Reported

50

NAICS Code

445291

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

121900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

76702.69

Forgiveness Date

03/25/2021

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