PPP Loan information for Labadie's bakery

$37,500

Labadie's bakery was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 04/11/2020 by The Maine Community Bank reported 11 jobs and $37,500 was used to fund payroll.

Labadie's bakery is Existing or more than 2 years old

LABADIE'S BAKERY

Date Approved

04/11/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

LABADIE'S BAKERY

Borrower Address

161 Lincoln Street

Borrower City

LEWISTON

Borrower State

ME

Borrower Zip

04240-7813

Loan Status Date

11/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEWISTON

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04240-7813

CD

ME-02

Jobs Reported

11

NAICS Code

311811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

30000.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37682.29

Forgiveness Date

10/13/2020

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