PPP Loan information for Portofino cafe inc

$240,900

Portofino cafe inc was initially approved for PPP Loan of amount $276,800, the current approved amount is $240,900. The loan was approved on 06/17/2020 by The First Horizon Bank reported 13 jobs and $240,900 was used to fund payroll.

Portofino cafe inc is Existing or more than 2 years old

PORTOFINO CAFE INC

Date Approved

06/17/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

PORTOFINO CAFE INC

Borrower Address

525 LINCOLN RD

Borrower City

MIAMI BEACH

Borrower State

FL

Borrower Zip

33139-2913

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

276800.00

Current Approval Amount

240900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI BEACH

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33139-2913

CD

FL-24

Jobs Reported

13

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

240900.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244118.69

Forgiveness Date

10/27/2021

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