PPP Loan information for Montilio baking co inc

$731,828

Montilio baking co inc was initially approved for PPP Loan of amount $758,670, the current approved amount is $731,828. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 125 jobs and $731,828 was used to fund payroll.

Montilio baking co inc is New Business or 2 years or less

MONTILIO BAKING CO INC

Date Approved

05/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MONTILIO BAKING CO INC

Borrower Address

134 SPARK ST

Borrower City

BROCKTON

Borrower State

MA

Borrower Zip

02302-1621

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

758670.00

Current Approval Amount

731828.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BROCKTON

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02302-1621

CD

MA-08

Jobs Reported

125

NAICS Code

311811

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

731828.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

739827.98

Forgiveness Date

06/11/2021

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