Grandma's Bakery, Inc.

$556,200 PPP Loan in White Bear Lake, Minnesota

Loan Details

Loan Number
7536887000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$556,200
Current Approval
$556,200
Forgiveness Amount
$560,360
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grandma's Bakery, Inc.
Address
1765 Buerkle Road
ZIP Code
55110-5250
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311811)
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
$27.9M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$446,838
Rent
$74,156
Utilities
$35,206

Lender Information

Servicing Lender
First Resource Bank
Originating Lender
First Resource Bank

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