PPP Loan information for Bakers waste equipment, inc.

$1,409,329

Bakers waste equipment, inc. was initially approved for PPP Loan of amount $1,409,329, the current approved amount is $1,409,329. The loan was approved on 04/08/2020 by The First Horizon Bank reported 144 jobs and $1,409,329 was used to fund payroll.

Bakers waste equipment, inc. is Existing or more than 2 years old

BAKERS WASTE EQUIPMENT, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BAKERS WASTE EQUIPMENT, INC.

Borrower Address

1808 NORWOOD ST SW

Borrower City

LENOIR

Borrower State

NC

Borrower Zip

28645-6431

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1409329.00

Current Approval Amount

1409329.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LENOIR

Project County Name

CALDWELL

Project State

NC

Project Zip

28645-6431

CD

NC-05

Jobs Reported

144

NAICS Code

332439

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

1269329.00

Mortgage Interest Proceed

0.00

Rent Proceed

120000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1426240.95

Forgiveness Date

07/06/2021

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