BAKERS RESTAURANT INC (MD) - 2020 PPP Loan Borrower Profile (# 3904628300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAKERS RESTAURANT INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maryland.

Loan Detail

Loan Number

3904628300

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$150,828

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$151,514

Date Loan was Forgiven

Nov 10, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

150,824

Lender

Fulton Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

721199

Borrower Location

Elkton, MD

Project Location

Elkton, MD

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.