PPP Loan information for Turnaround cafe

$32,000

Turnaround cafe was initially approved for PPP Loan of amount $99,400, the current approved amount is $32,000. The loan was approved on 04/14/2020 by The Customers Bank reported 20 jobs and $32,000 was used to fund payroll.

Turnaround cafe is Existing or more than 2 years old

TURNAROUND CAFE

Date Approved

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

TURNAROUND CAFE

Borrower Address

P.O. Box 87

Borrower City

Turner

Borrower State

OR

Borrower Zip

97392

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99400.00

Current Approval Amount

32000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Turner

Project County Name

MARION

Project State

OR

Project Zip

97392-0001

CD

OR-05

Jobs Reported

20

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32238.47

Forgiveness Date

02/23/2021

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