PPP Loan information for True bagels inc

$139,295

True bagels inc was initially approved for PPP Loan of amount $137,137, the current approved amount is $139,295. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 21 jobs and $139,295 was used to fund payroll.

True bagels inc is New Business or 2 years or less

TRUE BAGELS INC

Date Approved

05/01/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

TRUE BAGELS INC

Borrower Address

250 BROOK ST

Borrower City

PROVIDENCE

Borrower State

RI

Borrower Zip

02906-1548

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137137.00

Current Approval Amount

139295.00

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

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PROVIDENCE

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02906-1548

CD

RI-01

Jobs Reported

21

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

139295.00

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

140436.07

Forgiveness Date

02/25/2021

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