# PPP loan: FALCONE BAKING CO.
> **$160K** approved 01/23/2021 · Paid in Full · Loan `4311238300`
## Borrower
- **Name:** FALCONE BAKING CO.
- **Address:** 11510 14th Rd, College Point, NY, 11356-1523
- **NAICS:** 311821
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 02/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 22
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*