# PPP loan: MICHEL'S BAKERY INC
> **$1.84M** approved 04/05/2020 · Paid in Full · Loan `5505527006`
## Borrower
- **Name:** MICHEL'S BAKERY INC
- **Address:** 5698 Rising Sun Ave, PHILADELPHIA, PA, 19120-1624
- **NAICS:** 311812
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.84M
- **Initial approval:** $1.84M
- **Forgiven:** $1.85M (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.84M
- **Jobs reported:** 230
## Lender
- **Originating:** Bryn Mawr Trust. A Division of
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*