PPP Loan information for Signature breads inc

$700,000

Signature breads inc was initially approved for PPP Loan of amount $700,000, the current approved amount is $700,000. The loan was approved on 04/05/2021 by The Salem Five Cents Savings Bank reported 191 jobs and $700,000 was used to fund payroll.

Signature breads inc is Existing or more than 2 years old

PPP Loan Search / MA / Chelsea / Signature breads inc

SIGNATURE BREADS INC

Date Approved

04/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SIGNATURE BREADS INC

Borrower Address

100 Justin Dr

Borrower City

Chelsea

Borrower State

MA

Borrower Zip

02150-4032

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

700000.00

Current Approval Amount

700000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

SUFFOLK

Project State

MA

Project Zip

02150-4032

CD

MA-07

Jobs Reported

191

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

699995.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

702916.67

Forgiveness Date

09/07/2021

;