PPP Loan information for Velvet cafe

$47,733

Velvet cafe was initially approved for PPP Loan of amount $47,733, the current approved amount is $47,733. The loan was approved on 03/17/2021 by The Manufacturers and Traders Trust Company reported 16 jobs and $47,733 was used to fund payroll.

Velvet cafe is Existing or more than 2 years old

PPP Loan Search / PA / Waynesboro / Velvet cafe

VELVET CAFE

Date Approved

03/17/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

VELVET CAFE

Borrower Address

145 W 3rd St

Borrower City

Waynesboro

Borrower State

PA

Borrower Zip

17268-2654

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47733.00

Current Approval Amount

47733.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waynesboro

Project County Name

FRANKLIN

Project State

PA

Project Zip

17268-2654

CD

PA-13

Jobs Reported

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

47731.00

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

Sole Proprietorship

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48263.95

Forgiveness Date

05/02/2022

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