PPP Loan information for The able baker

$272,447

The able baker was initially approved for PPP Loan of amount $272,447, the current approved amount is $272,447. The loan was approved on 02/17/2021 by The Loan Source Incorporated reported 40 jobs and $272,447 was used to fund payroll.

The able baker is Existing or more than 2 years old

THE ABLE BAKER

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

THE ABLE BAKER

Borrower Address

187 Maplewood Ave

Borrower City

Maplewood

Borrower State

NJ

Borrower Zip

07040-2504

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

272447.00

Current Approval Amount

272447.00

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

07040-2504

CD

NJ-11

Jobs Reported

40

NAICS Code

722515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

272442.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

274805.72

Forgiveness Date

01/06/2022

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