PPP Loan information for True north coffee cafe inc

$62,600

True north coffee cafe inc was initially approved for PPP Loan of amount $62,600, the current approved amount is $62,600. The loan was approved on 04/13/2020 by The Cambridge Savings Bank reported 25 jobs and $62,600 was used to fund payroll.

True north coffee cafe inc is Existing or more than 2 years old

TRUE NORTH COFFEE CAFE INC

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TRUE NORTH COFFEE CAFE INC

Borrower Address

204 CAMBRIDGE ST

Borrower City

BURLINGTON

Borrower State

MA

Borrower Zip

01803-2542

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62600.00

Current Approval Amount

62600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-2542

CD

MA-06

Jobs Reported

25

NAICS Code

453998

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62600.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52889.66

Forgiveness Date

11/12/2020

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