PPP Loan information for Olas lounge & cafe

$600,000

Olas lounge & cafe was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 05/18/2021 by The Readycap Lending, LLC reported 26 jobs and $600,000 was used to fund payroll.

Olas lounge & cafe is Existing or more than 2 years old

PPP Loan Search / GA / Dacula / Olas lounge & cafe

OLAS LOUNGE & CAFE

Date Approved

05/18/2021

SBA Office Code

0405

Processing Method

PPP

Borrower Name

OLAS LOUNGE & CAFE

Borrower Address

2716 Cove View Ct

Borrower City

Dacula

Borrower State

GA

Borrower Zip

30019-4714

Loan Status Date

11/19/2022

Loan Status

Charged Off

Term

42

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dacula

Project County Name

GWINNETT

Project State

GA

Project Zip

30019-4714

CD

GA-07

Jobs Reported

26

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

599998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;