PPP Loan information for Sophisti cakes inc

$139,678

Sophisti cakes inc was initially approved for PPP Loan of amount $42,500, the current approved amount is $139,678. The loan was approved on 04/27/2020 by The Quaint Oak Bank reported 23 jobs and $139,678 was used to fund payroll.

Sophisti cakes inc is Existing or more than 2 years old

SOPHISTI CAKES INC

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SOPHISTI CAKES INC

Borrower Address

4824 DREXELBROOK DR

Borrower City

DREXEL HILL

Borrower State

PA

Borrower Zip

19026-5305

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

139678.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89607

Servicing Lender Name

Quaint Oak Bank

Servicing Lender Address

501 Knowles Ave

Servicing Lender City

SOUTHAMPTON

Servicing Lender State

PA

Servicing Lender Zip

18966-3874

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DREXEL HILL

Project County Name

DELAWARE

Project State

PA

Project Zip

19026-5305

CD

PA-05

Jobs Reported

23

NAICS Code

311812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

139678.33

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

89607

Originating Lender

Quaint Oak Bank

Originating Lender City

SOUTHAMPTON

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141199.27

Forgiveness Date

06/09/2021

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