PPP Loan information for Terranetti's italian bakery

$305,539

Terranetti's italian bakery was initially approved for PPP Loan of amount $305,539, the current approved amount is $305,539. The loan was approved on 04/13/2020 by The Members 1st FCU reported 42 jobs and $305,539 was used to fund payroll.

Terranetti's italian bakery is Existing or more than 2 years old

TERRANETTI'S ITALIAN BAKERY

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

TERRANETTI'S ITALIAN BAKERY

Borrower Address

844 W Trindle Road

Borrower City

Mechanicsburg

Borrower State

PA

Borrower Zip

17055

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

305538.78

Current Approval Amount

305538.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104409

Servicing Lender Name

Members 1st FCU

Servicing Lender Address

5000 Marketplace Way

Servicing Lender City

Enola

Servicing Lender State

PA

Servicing Lender Zip

17025-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mechanicsburg

Project County Name

CUMBERLAND

Project State

PA

Project Zip

17055-0001

CD

PA-10

Jobs Reported

42

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

305538.78

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

104409

Originating Lender

Members 1st FCU

Originating Lender City

Enola

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

308677.88

Forgiveness Date

04/28/2021

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