PPP Loan information for Pallet cafe inc.

$219,416

Pallet cafe inc. was initially approved for PPP Loan of amount $219,416, the current approved amount is $219,416. The loan was approved on 01/23/2021 by The Cambridge Savings Bank reported 22 jobs and $219,416 was used to fund payroll.

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

PPP Loan Search / MA / Somerville / Pallet cafe inc.

PALLET CAFE INC.

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PALLET CAFE INC.

Borrower Address

11 Bow St

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143-2936

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

219416.02

Current Approval Amount

219416.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-2936

CD

MA-07

Jobs Reported

22

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

219415.02

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

221069.15

Forgiveness Date

10/29/2021

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