# PPP loan: GEORGE'S BAKERY PRODUCTS INC.
> **$416K** approved 02/19/2021 · Paid in Full · Loan `1964188509`
## Borrower
- **Name:** GEORGE'S BAKERY PRODUCTS INC.
- **Address:** 25 Hall St, Medford, MA, 02155-4927
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $419K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $416K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*