Bakers Ribs INC

$352,994 PPP Loan in Garland, Texas

Loan Details

Loan Number
7758757100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$352,994
Current Approval
$352,994
Forgiveness Amount
$355,741
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bakers Ribs INC
Address
488 W Interstate 30
State
Texas
ZIP Code
75043
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$8.5M
Rural/Urban
Urban
Congressional District
TX-05

Loan Use Breakdown

Payroll
$282,395
Rent
$8,799
Utilities
$18,000
Health Care
$35,000
Mortgage Interest
$8,799

Lender Information

Servicing Lender
Veritex Community Bank
Originating Lender
Veritex Community Bank

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