PPP Loan information for Shug & cakes inc

$69,038

Shug & cakes inc was initially approved for PPP Loan of amount $69,038, the current approved amount is $69,038. The loan was approved on 01/26/2021 by The Central State Bank reported 6 jobs and $69,038 was used to fund payroll.

Shug & cakes inc is Existing or more than 2 years old

PPP Loan Search / AL / Vestavia / Shug & cakes inc

SHUG & CAKES INC

Date Approved

01/26/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SHUG & CAKES INC

Borrower Address

2534 Rocky Ridge Rd

Borrower City

Vestavia

Borrower State

AL

Borrower Zip

35243-4449

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69037.50

Current Approval Amount

69037.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1876

Servicing Lender Name

Central State Bank

Servicing Lender Address

11025 Hwy 25

Servicing Lender City

CALERA

Servicing Lender State

AL

Servicing Lender Zip

35040-6812

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vestavia

Project County Name

JEFFERSON

Project State

AL

Project Zip

35243-4449

CD

AL-06

Jobs Reported

6

NAICS Code

524126

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69037.50

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

Subchapter S Corporation

Originating Lender Location Id

1876

Originating Lender

Central State Bank

Originating Lender City

CALERA

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69411.45

Forgiveness Date

08/19/2021

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