PPP Loan information for The baking institute bakery co

$188,981

The baking institute bakery co was initially approved for PPP Loan of amount $188,981, the current approved amount is $188,981. The loan was approved on 01/16/2021 by The Devon Bank reported 23 jobs and $188,981 was used to fund payroll.

The baking institute bakery co is Existing or more than 2 years old

THE BAKING INSTITUTE BAKERY CO

Date Approved

01/16/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

THE BAKING INSTITUTE BAKERY CO

Borrower Address

1960 Raymond Dr

Borrower City

Northbrook

Borrower State

IL

Borrower Zip

60062-6715

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

188981.00

Current Approval Amount

188981.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20543

Servicing Lender Name

Devon Bank

Servicing Lender Address

6445 N Western Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60645-5590

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northbrook

Project County Name

COOK

Project State

IL

Project Zip

60062-6715

CD

IL-09

Jobs Reported

23

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

188977.00

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

Corporation

Originating Lender Location Id

20543

Originating Lender

Devon Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

191398.92

Forgiveness Date

05/04/2022

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