# PPP loan: MARCEL BAKERY & KITCHEN LLC
> **$155K** approved 01/22/2021 · Paid in Full · Loan `4040528301`
## Borrower
- **Name:** MARCEL BAKERY & KITCHEN LLC
- **Address:** 631 Valley Rd, Montclair, NJ, 07043-1407
- **NAICS:** 722513
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $155K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*