PPP Loan information for Verde cafe inc.

$242,795

Verde cafe inc. was initially approved for PPP Loan of amount $242,795, the current approved amount is $242,795. The loan was approved on 03/30/2021 by The First Horizon Bank reported 25 jobs and $242,795 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

03/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

VERDE CAFE INC.

Borrower Address

2200 W Main St

Borrower City

Durham

Borrower State

NC

Borrower Zip

27705-1100

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242795.00

Current Approval Amount

242795.00

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

27705-1100

CD

NC-04

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

242789.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

244211.30

Forgiveness Date

11/03/2021

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