PPP Loan information for Picasso cafe inc.

$1,231,419

Picasso cafe inc. was initially approved for PPP Loan of amount $1,231,419, the current approved amount is $1,231,419. The loan was approved on 03/16/2021 by The JPMorgan Chase Bank, National Association reported 181 jobs and $1,231,419 was used to fund payroll.

Picasso cafe inc. is Existing or more than 2 years old

PPP Loan Search / MI / Ann Arbor / Picasso cafe inc.

PICASSO CAFE INC.

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PICASSO CAFE INC.

Borrower Address

24 Frank Lloyd Wright Dr

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48105-9484

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1231419.00

Current Approval Amount

1231419.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48105-9484

CD

MI-06

Jobs Reported

181

NAICS Code

722514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1231414.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1240805.15

Forgiveness Date

12/23/2021

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