# PPP loan: BAY RIDGE BAGELS INC.
> **$163K** approved 04/28/2020 · Paid in Full · Loan `6988967203`
## Borrower
- **Name:** BAY RIDGE BAGELS INC.
- **Address:** 8002 3rd Ave, Brooklyn, NY, 11209
- **NAICS:** 722515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 28
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*