PPP Loan information for Grotto cafe inc

$60,936

Grotto cafe inc was initially approved for PPP Loan of amount $60,936, the current approved amount is $60,936. The loan was approved on 01/22/2021 by The Chelsea Groton Bank reported 9 jobs and $60,936 was used to fund payroll.

Grotto cafe inc is Existing or more than 2 years old

PPP Loan Search / CT / Groton / Grotto cafe inc

GROTTO CAFE INC

Date Approved

01/22/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

GROTTO CAFE INC

Borrower Address

958 Poquonnock Rd

Borrower City

Groton

Borrower State

CT

Borrower Zip

06340-4259

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60936.00

Current Approval Amount

60936.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Groton

Project County Name

NEW LONDON

Project State

CT

Project Zip

06340-4259

CD

CT-02

Jobs Reported

9

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

60933.00

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

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61540.35

Forgiveness Date

01/28/2022

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