PPP Loan information for Grounds bakery cafe

$172,000

Grounds bakery cafe was initially approved for PPP Loan of amount $172,000, the current approved amount is $172,000. The loan was approved on 04/16/2020 by The TransPecos Banks, SSB. reported 30 jobs and $172,000 was used to fund payroll.

Grounds bakery cafe is Existing or more than 2 years old

GROUNDS BAKERY CAFE

Date Approved

04/16/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

GROUNDS BAKERY CAFE

Borrower Address

6277 E SPRING ST

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90808-4020

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172000.00

Current Approval Amount

172000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71584

Servicing Lender Name

TransPecos Banks, SSB.

Servicing Lender Address

115 W 3rd St

Servicing Lender City

PECOS

Servicing Lender State

TX

Servicing Lender Zip

79772-3120

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90808-4020

CD

CA-42

Jobs Reported

30

NAICS Code

722515

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

172000.00

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

71584

Originating Lender

TransPecos Banks, SSB.

Originating Lender City

PECOS

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162990.00

Forgiveness Date

11/30/2020

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