PPP Loan information for Middle east bakery, inc.

$2,642,274

Middle east bakery, inc. was initially approved for PPP Loan of amount $2,859,500, the current approved amount is $2,642,274. The loan was approved on 04/10/2020 by The Salem Five Cents Savings Bank reported 275 jobs and $2,642,274 was used to fund payroll.

Middle east bakery, inc. is Existing or more than 2 years old

PPP Loan Search / MA / LAWRENCE / Middle east bakery, inc.

MIDDLE EAST BAKERY, INC.

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MIDDLE EAST BAKERY, INC.

Borrower Address

30 INTERNATIONAL WAY

Borrower City

LAWRENCE

Borrower State

MA

Borrower Zip

01843-1064

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2859500.00

Current Approval Amount

2642274.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCE

Project County Name

ESSEX

Project State

MA

Project Zip

01843-1064

CD

MA-03

Jobs Reported

275

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2642274.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2672660.15

Forgiveness Date

06/08/2021

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