PPP Loan information for Red bay coffee company inc

$494,283

Red bay coffee company inc was initially approved for PPP Loan of amount $494,283, the current approved amount is $494,283. The loan was approved on 03/20/2021 by The Community Bank of the Bay reported 38 jobs and $494,283 was used to fund payroll.

Red bay coffee company inc is Existing or more than 2 years old

RED BAY COFFEE COMPANY INC

Date Approved

03/20/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

RED BAY COFFEE COMPANY INC

Borrower Address

3136 International Blvd

Borrower City

Oakland

Borrower State

CA

Borrower Zip

94601-2902

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

494282.60

Current Approval Amount

494282.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120838

Servicing Lender Name

Community Bank of the Bay

Servicing Lender Address

180 Grand Ave, Ste 120

Servicing Lender City

OAKLAND

Servicing Lender State

CA

Servicing Lender Zip

94612-3766

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oakland

Project County Name

ALAMEDA

Project State

CA

Project Zip

94601-2902

CD

CA-12

Jobs Reported

38

NAICS Code

722513

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

494281.60

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

120838

Originating Lender

Community Bank of the Bay

Originating Lender City

OAKLAND

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

499788.36

Forgiveness Date

05/02/2022

;