# PPP loan: BAKERY EXPRESS - MID ATLANTIC, INC.
> **$3.23M** approved 04/15/2020 · Paid in Full · Loan `8266737103`
## Borrower
- **Name:** BAKERY EXPRESS - MID ATLANTIC, INC.
- **Address:** 4711 Hollins Ferry Road Suite 100, Halethorpe, MD, 21227
- **NAICS:** 311812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.23M
- **Initial approval:** $3.23M
- **Forgiven:** $3.26M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.68M
- **Rent:** $400K
- **Utilities:** $150K
- **Jobs reported:** 408
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*