# PPP loan: CRAFT BAKESHOP, LLC
> **$229K** approved 05/08/2020 · Paid in Full · Loan `4216417410`
## Borrower
- **Name:** CRAFT BAKESHOP, LLC
- **Address:** 5 WATER ST, MYSTIC, CT, 06355-2507
- **NAICS:** 311811
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Rent:** $23K
- **Utilities:** $23K
- **Jobs reported:** 53
## Lender
- **Originating:** Chelsea Groton Bank
- **Servicing:** Chelsea Groton Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*