# PPP loan: CAKES PLUS INC
> **$177K** approved 04/11/2021 · Paid in Full · Loan `1903088804`
## Borrower
- **Name:** CAKES PLUS INC
- **Address:** 3545 Laurel Fort Meade Rd, Laurel, MD, 20724-2013
- **NAICS:** 311811
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $177K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*