PPP Loan information for The velvet cafe

$46,000

The velvet cafe was initially approved for PPP Loan of amount $46,000, the current approved amount is $46,000. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 22 jobs and $46,000 was used to fund payroll.

The velvet cafe is Existing or more than 2 years old

THE VELVET CAFE

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

THE VELVET CAFE

Borrower Address

145 West 3rd Street

Borrower City

Waynesboro

Borrower State

PA

Borrower Zip

17268

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46000.00

Current Approval Amount

46000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waynesboro

Project County Name

FRANKLIN

Project State

PA

Project Zip

17268-0001

CD

PA-13

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4600.00

Payroll Proceed

39903.00

Mortgage Interest Proceed

0.00

Rent Proceed

1150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

347

Business Type

Sole Proprietorship

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46360.44

Forgiveness Date

02/02/2021

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