PPP Loan information for Baker's crust inc.

$2,000,000

Baker's crust inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/12/2021 by The TowneBank reported 300 jobs and $2,000,000 was used to fund payroll.

Baker's crust inc. is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Baker's crust inc.

BAKER'S CRUST INC.

Date Approved

02/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BAKER'S CRUST INC.

Borrower Address

549 S Birdneck Rd Ste 101

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451-5870

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-5870

CD

VA-02

Jobs Reported

300

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1713887.75

Forgiveness Date

08/31/2022

;