PPP Loan information for Cakes plus inc

$177,150

Cakes plus inc was initially approved for PPP Loan of amount $177,150, the current approved amount is $177,150. The loan was approved on 04/11/2021 by The Sandy Spring Bank reported 37 jobs and $177,150 was used to fund payroll.

Cakes plus inc is Existing or more than 2 years old

PPP Loan Search / MD / Laurel / Cakes plus inc

CAKES PLUS INC

Date Approved

04/11/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CAKES PLUS INC

Borrower Address

3545 Laurel Fort Meade Rd

Borrower City

Laurel

Borrower State

MD

Borrower Zip

20724-2013

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177150.00

Current Approval Amount

177150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

20724-2013

CD

MD-05

Jobs Reported

37

NAICS Code

311811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

177148.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178620.59

Forgiveness Date

02/25/2022

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