PPP Loan information for Breadsmith of the twin cities inc

$776,872

Breadsmith of the twin cities inc was initially approved for PPP Loan of amount $786,872, the current approved amount is $776,872. The loan was approved on 04/05/2020 by The Sterling State Bank reported 198 jobs and $776,872 was used to fund payroll.

Breadsmith of the twin cities inc is New Business or 2 years or less

BREADSMITH OF THE TWIN CITIES INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BREADSMITH OF THE TWIN CITIES INC

Borrower Address

1816 PLYMOUTH RD

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55305-1966

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

786872.00

Current Approval Amount

776872.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-1966

CD

MN-03

Jobs Reported

198

NAICS Code

445291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

776872.00

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

782806.44

Forgiveness Date

01/14/2021

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