# PPP loan: CARLOS BAKERY 42ND & 8TH LLC
> **$265K** approved 04/30/2020 · Exemption 4 · Loan `5532557304`
## Borrower
- **Name:** CARLOS BAKERY 42ND & 8TH LLC
- **Address:** 631 Grove Street, Jersey City, NJ, 07310
- **NAICS:** 311812
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $94K (36%)
- **Forgiveness date:** 02/10/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 50
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*