PPP Loan information for Pallet cafe, inc.

$140,000

Pallet cafe, inc. was initially approved for PPP Loan of amount $140,400, the current approved amount is $140,000. The loan was approved on 04/08/2020 by The Cambridge Savings Bank reported 18 jobs and $140,000 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

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PALLET CAFE, INC.

Borrower Address

11 BOW ST

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02143-2936

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140400.00

Current Approval Amount

140000.00

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

18

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

140000.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140989.59

Forgiveness Date

12/30/2020

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