PPP Loan information for Baratta brothers inc.

$1,250,000

Baratta brothers inc. was initially approved for PPP Loan of amount $1,250,000, the current approved amount is $1,250,000. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 44 jobs and $1,250,000 was used to fund payroll.

Baratta brothers inc. is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / Baratta brothers inc.

BARATTA BROTHERS INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BARATTA BROTHERS INC.

Borrower Address

PO BOX 07097

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48207-97

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1250000.00

Current Approval Amount

1250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48207-0001

CD

MI-13

Jobs Reported

44

NAICS Code

445210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1250000.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1263904.11

Forgiveness Date

06/11/2021

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