Morabito Baking Co INC

$1,636,255 PPP Loan in Norristown, Pennsylvania

Loan Details

Loan Number
9569998501
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$1,636,255
Current Approval
$1,636,255
Forgiveness Amount
$1,646,655
Forgiveness Date
Nov 3, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Morabito Baking Co INC
Address
757 Kohn St
ZIP Code
19401-3739
Business Type
Corporation
Industry (NAICS)
Manufacturing (311812)
Business Age
Existing or more than 2 years old
Jobs Reported
118
Estimated Revenue
$41.6M
Rural/Urban
Urban
Congressional District
PA-05

Loan Use Breakdown

Payroll
$1,636,251
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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