PPP Loan information for Platinum cafe and lounge

$164,080

Platinum cafe and lounge was initially approved for PPP Loan of amount $164,080, the current approved amount is $164,080. The loan was approved on 02/22/2021 by The Citizens Bank, National Association reported 9 jobs and $164,080 was used to fund payroll.

Platinum cafe and lounge is Existing or more than 2 years old

PPP Loan Search / PA / Reading / Platinum cafe and lounge

PLATINUM CAFE AND LOUNGE

Date Approved

02/22/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PLATINUM CAFE AND LOUNGE

Borrower Address

1925 Centre Ave

Borrower City

Reading

Borrower State

PA

Borrower Zip

19605-2815

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

164080.00

Current Approval Amount

164080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19605-2815

CD

PA-06

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

164073.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

117328.28

Forgiveness Date

06/08/2022

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