# PPP loan: LA MADALENA BAKERY
> **$229K** approved 04/16/2020 · Charged Off · Loan `2472607201`
## Borrower
- **Name:** LA MADALENA BAKERY
- **Address:** 2770 n. sam houston pkwy w, HOUSTON, TX, 77038
- **NAICS:** 311811
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $229K
- **Jobs reported:** 32
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*