PPP Loan information for Cafe arazu of newburgh inc

$277,211

Cafe arazu of newburgh inc was initially approved for PPP Loan of amount $277,211, the current approved amount is $277,211. The loan was approved on 01/22/2021 by The German American Bank reported 35 jobs and $277,211 was used to fund payroll.

Cafe arazu of newburgh inc is Existing or more than 2 years old

CAFE ARAZU OF NEWBURGH INC

Date Approved

01/22/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

CAFE ARAZU OF NEWBURGH INC

Borrower Address

17 W Jennings St

Borrower City

Newburgh

Borrower State

IN

Borrower Zip

47630-1211

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277211.34

Current Approval Amount

277211.34

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newburgh

Project County Name

WARRICK

Project State

IN

Project Zip

47630-1211

CD

IN-08

Jobs Reported

35

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

277211.34

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

278434.11

Forgiveness Date

07/08/2021

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