Hi-Rise Bread Company, Inc.

$325,072 PPP Loan in Cambridge, Massachusetts

Loan Details

Loan Number
4094477200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$325,072
Current Approval
$325,072
Forgiveness Amount
$329,379
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hi-Rise Bread Company, Inc.
Address
208 Concord Ave Cambridge Ma 02138-1335
ZIP Code
02138
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722515)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$8.7M
Rural/Urban
Urban
Congressional District
MA-07

Loan Use Breakdown

Payroll
$285,271
Rent
$26,939
Utilities
$12,112
Mortgage Interest
$750

Lender Information

Servicing Lender
Eastern Bank
Originating Lender
Eastern Bank

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