PPP Loan information for Bay bread company, inc.

$132,586

Bay bread company, inc. was initially approved for PPP Loan of amount $132,586, the current approved amount is $132,586. The loan was approved on 04/28/2020 by The Independent Bank reported 22 jobs and $132,586 was used to fund payroll.

Bay bread company, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TRAVERSE CITY / Bay bread company, inc.

BAY BREAD COMPANY, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAY BREAD COMPANY, INC.

Borrower Address

601 RANDOLPH ST

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49684-2246

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132586.00

Current Approval Amount

132586.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49684-2246

CD

MI-01

Jobs Reported

22

NAICS Code

311991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

132586.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

133483.23

Forgiveness Date

01/07/2021

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