PPP Loan information for Rachel k's bakery

$42,510

Rachel k's bakery was initially approved for PPP Loan of amount $42,510, the current approved amount is $42,510. The loan was approved on 04/15/2020 by The United Bank reported 10 jobs and $42,510 was used to fund payroll.

Rachel k's bakery is Existing or more than 2 years old

RACHEL K'S BAKERY

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RACHEL K'S BAKERY

Borrower Address

126 N MARKET ST

Borrower City

WASHINGTON

Borrower State

NC

Borrower Zip

27889-4948

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42510.00

Current Approval Amount

42510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

BEAUFORT

Project State

NC

Project Zip

27889-4948

CD

NC-03

Jobs Reported

10

NAICS Code

311812

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42510.00

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

Sole Proprietorship

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42838.27

Forgiveness Date

01/26/2021

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