PPP Loan information for Cafe rule llc

$298,631

Cafe rule llc was initially approved for PPP Loan of amount $298,631, the current approved amount is $298,631. The loan was approved on 03/20/2021 by The Peoples Bank reported 47 jobs and $298,631 was used to fund payroll.

Cafe rule llc is Existing or more than 2 years old

CAFE RULE LLC

Date Approved

03/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CAFE RULE LLC

Borrower Address

420 3rd Ave NW

Borrower City

Hickory

Borrower State

NC

Borrower Zip

28601-4983

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

298630.50

Current Approval Amount

298630.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hickory

Project County Name

CATAWBA

Project State

NC

Project Zip

28601-4983

CD

NC-10

Jobs Reported

47

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

298626.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302570.76

Forgiveness Date

07/19/2022

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