PPP Loan information for Cafe arazu of newburgh inc

$198,007

Cafe arazu of newburgh inc was initially approved for PPP Loan of amount $198,007, the current approved amount is $198,007. The loan was approved on 04/13/2020 by The German American Bank reported 43 jobs and $198,007 was used to fund payroll.

Cafe arazu of newburgh inc is Existing or more than 2 years old

CAFE ARAZU OF NEWBURGH INC

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CAFE ARAZU OF NEWBURGH INC

Borrower Address

17 W JENNINGS ST

Borrower City

NEWBURGH

Borrower State

IN

Borrower Zip

47630-1211

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198007.00

Current Approval Amount

198007.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBURGH

Project County Name

WARRICK

Project State

IN

Project Zip

47630-1211

CD

IN-08

Jobs Reported

43

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

198007.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189032.02

Forgiveness Date

11/09/2020

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