PPP Loan information for Traditional breads inc

$461,487

Traditional breads inc was initially approved for PPP Loan of amount $461,487, the current approved amount is $461,487. The loan was approved on 02/11/2021 by The Salem Five Cents Savings Bank reported 72 jobs and $461,487 was used to fund payroll.

Traditional breads inc is Existing or more than 2 years old

PPP Loan Search / MA / Lynn / Traditional breads inc

TRADITIONAL BREADS INC

Date Approved

02/11/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

TRADITIONAL BREADS INC

Borrower Address

161 Pleasant St

Borrower City

Lynn

Borrower State

MA

Borrower Zip

01901-1513

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

461487.00

Current Approval Amount

461487.00

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

Lynn

Project County Name

ESSEX

Project State

MA

Project Zip

01901-1513

CD

MA-06

Jobs Reported

72

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

461485.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

464396.93

Forgiveness Date

09/28/2021

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