Michael's Bakery Products,llc
$856,100 PPP Loan in Clear Lake, Iowa
Loan Details
- Loan Number
- 8964397007
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $856,100
- Current Approval
- $856,100
- Forgiveness Amount
- $861,260
- Forgiveness Date
- Nov 19, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Michael's Bakery Products,llc
- Address
- 2205 6th Ave S
- City
- Clear Lake
- State
- Iowa
- ZIP Code
- 50428-2644
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (311812)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 85
- Estimated Revenue
- $30.0M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $700,000
- Rent
- $45,000
- Utilities
- $30,000
- Health Care
- $81,100
Lender Information
- Servicing Lender
- Clear Lake Bank & Trust Company
- Originating Lender
- Clear Lake Bank & Trust Company
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