PPP Loan information for Nadia cakes, inc

$189,500

Nadia cakes, inc was initially approved for PPP Loan of amount $189,500, the current approved amount is $189,500. The loan was approved on 04/03/2020 by The Citizens State Bank reported 50 jobs and $189,500 was used to fund payroll.

Nadia cakes, inc is Existing or more than 2 years old

NADIA CAKES, INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NADIA CAKES, INC

Borrower Address

11468 MARKETPLACE DR #111

Borrower City

CHAMPLIN

Borrower State

MN

Borrower Zip

55316-3793

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189500.00

Current Approval Amount

189500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77103

Servicing Lender Name

Citizens State Bank

Servicing Lender Address

375 Stageline Rd

Servicing Lender City

HUDSON

Servicing Lender State

WI

Servicing Lender Zip

54016-8364

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMPLIN

Project County Name

HENNEPIN

Project State

MN

Project Zip

55316-3793

CD

MN-03

Jobs Reported

50

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

189500.00

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

77103

Originating Lender

Citizens State Bank

Originating Lender City

HUDSON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

180557.33

Forgiveness Date

11/10/2020

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