PPP Loan information for The grotto cafe inc

$43,526

The grotto cafe inc was initially approved for PPP Loan of amount $43,526, the current approved amount is $43,526. The loan was approved on 04/27/2020 by The Chelsea Groton Bank reported 10 jobs and $43,526 was used to fund payroll.

The grotto cafe inc is Existing or more than 2 years old

PPP Loan Search / CT / GROTON / The grotto cafe inc

THE GROTTO CAFE INC

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

THE GROTTO CAFE INC

Borrower Address

958 POQUONNOCK RD

Borrower City

GROTON

Borrower State

CT

Borrower Zip

06340-4259

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43526.00

Current Approval Amount

43526.00

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

10

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4352.60

Payroll Proceed

34820.80

Mortgage Interest Proceed

0.00

Rent Proceed

4352.60

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

43801.47

Forgiveness Date

12/17/2020

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