PPP Loan information for Cafe 88 inc

$495,000

Cafe 88 inc was initially approved for PPP Loan of amount $495,000, the current approved amount is $495,000. The loan was approved on 04/07/2020 by The LendingClub Bank, National Association reported 45 jobs and $495,000 was used to fund payroll.

Cafe 88 inc is Existing or more than 2 years old

CAFE 88 INC

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

CAFE 88 INC

Borrower Address

2205 PLEASANT HILL RD #130

Borrower City

DULUTH

Borrower State

GA

Borrower Zip

30096-1241

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

495000.00

Current Approval Amount

495000.00

Undisbursed Amount

0.00

Franchise Name

The Juicy Crab

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

GWINNETT

Project State

GA

Project Zip

30096-1241

CD

GA-07

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

495000.00

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

Subchapter S Corporation

Originating Lender Location Id

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

498313.75

Forgiveness Date

12/22/2020

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