PPP Loan information for The able baker

$220,500

The able baker was initially approved for PPP Loan of amount $220,500, the current approved amount is $220,500. The loan was approved on 04/30/2020 by The Loan Source Incorporated reported 45 jobs and $220,500 was used to fund payroll.

The able baker is Existing or more than 2 years old

THE ABLE BAKER

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE ABLE BAKER

Borrower Address

187 Maplewood Avenue

Borrower City

MAPLEWOOD

Borrower State

NJ

Borrower Zip

07040-0001

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220500.00

Current Approval Amount

220500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLEWOOD

Project County Name

ESSEX

Project State

NJ

Project Zip

07040-0001

CD

NJ-11

Jobs Reported

45

NAICS Code

311811

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

220500.00

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

Corporation

Originating Lender Location Id

203241

Originating Lender

BCB Community Bank

Originating Lender City

BAYONNE

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

223194.33

Forgiveness Date

07/22/2021

;