PPP Loan information for Verde cafe inc.

$173,425

Verde cafe inc. was initially approved for PPP Loan of amount $173,425, the current approved amount is $173,425. The loan was approved on 04/15/2020 by The First Horizon Bank reported 25 jobs and $173,425 was used to fund payroll.

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

PPP Loan Search / NC / DURHAM / Verde cafe inc.

VERDE CAFE INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

VERDE CAFE INC.

Borrower Address

2200 W MAIN ST

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27705-4640

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173425.00

Current Approval Amount

173425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27705-4640

CD

NC-04

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4999.00

Payroll Proceed

138740.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2000.00

Debt Interest Proceed

7686

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

175245.96

Forgiveness Date

05/13/2021

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