PPP Loan information for 7 cups of tea co

$380,000

7 cups of tea co was initially approved for PPP Loan of amount $380,000, the current approved amount is $380,000. The loan was approved on 05/18/2020 by The Wells Fargo Bank, National Association reported 2 jobs and $380,000 was used to fund payroll.

7 cups of tea co is Existing or more than 2 years old

7 CUPS OF TEA CO

Date Approved

05/18/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

7 CUPS OF TEA CO

Borrower Address

1135 MOLOKAI DRIVE

Borrower City

FORT MILL

Borrower State

SC

Borrower Zip

29708

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

380000.00

Current Approval Amount

380000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT MILL

Project County Name

YORK

Project State

SC

Project Zip

29708-0001

CD

SC-05

Jobs Reported

2

NAICS Code

621330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

380000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

97804.27

Forgiveness Date

01/24/2023

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