PPP Loan information for Michael's bakery products llc

$819,647

Michael's bakery products llc was initially approved for PPP Loan of amount $819,647, the current approved amount is $819,647. The loan was approved on 01/17/2021 by The Clear Lake Bank & Trust Company reported 77 jobs and $819,647 was used to fund payroll.

Michael's bakery products llc is Existing or more than 2 years old

PPP Loan Search / IA / Clear Lake / Michael's bakery products llc

MICHAEL'S BAKERY PRODUCTS LLC

Date Approved

01/17/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MICHAEL'S BAKERY PRODUCTS LLC

Borrower Address

2205 6th Ave S

Borrower City

Clear Lake

Borrower State

IA

Borrower Zip

50428-2644

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

819647.00

Current Approval Amount

819647.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clear Lake

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50428-2644

CD

IA-02

Jobs Reported

77

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

819644.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

824564.88

Forgiveness Date

09/01/2021

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