PPP Loan information for Praline bakery llc

$340,183

Praline bakery llc was initially approved for PPP Loan of amount $340,183, the current approved amount is $340,183. The loan was approved on 02/12/2021 by The Truist Bank reported 22 jobs and $340,183 was used to fund payroll.

Praline bakery llc is Existing or more than 2 years old

PRALINE BAKERY LLC

Date Approved

02/12/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

PRALINE BAKERY LLC

Borrower Address

4611 Sangamore Rd Ste O

Borrower City

Bethesda

Borrower State

MD

Borrower Zip

20816-2503

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

340183.13

Current Approval Amount

340183.13

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bethesda

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20816-2503

CD

MD-08

Jobs Reported

22

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

340180.13

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343556.61

Forgiveness Date

02/17/2022

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