PPP Loan information for Michel's bakery inc

$1,835,600

Michel's bakery inc was initially approved for PPP Loan of amount $1,835,600, the current approved amount is $1,835,600. The loan was approved on 04/05/2020 by The Loan Source Incorporated reported 230 jobs and $1,835,600 was used to fund payroll.

Michel's bakery inc is Existing or more than 2 years old

PPP Loan Search / PA / PHILADELPHIA / Michel's bakery inc

MICHEL'S BAKERY INC

Date Approved

04/05/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MICHEL'S BAKERY INC

Borrower Address

5698 Rising Sun Ave

Borrower City

PHILADELPHIA

Borrower State

PA

Borrower Zip

19120-1624

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1835600.00

Current Approval Amount

1835600.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PHILADELPHIA

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19120-1624

CD

PA-02

Jobs Reported

230

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1835600.00

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

Subchapter S Corporation

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1851692.93

Forgiveness Date

03/03/2021

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