PPP Loan information for Rachels cafe

$9,950

Rachels cafe was initially approved for PPP Loan of amount $9,950, the current approved amount is $9,950. The loan was approved on 03/12/2021 by The Peoples CU reported 9 jobs and $9,950 was used to fund payroll.

Rachels cafe is Existing or more than 2 years old

RACHELS CAFE

Date Approved

03/12/2021

SBA Office Code

0165

Processing Method

PPP

Borrower Name

RACHELS CAFE

Borrower Address

36 South County Commons Way Rachels Cafe C-4

Borrower City

South Kingstown

Borrower State

RI

Borrower Zip

02879-8272

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

9949.55

Current Approval Amount

9949.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104803

Servicing Lender Name

Peoples CU

Servicing Lender Address

858 W Main Rd

Servicing Lender City

MIDDLETOWN

Servicing Lender State

RI

Servicing Lender Zip

02842-6315

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Kingstown

Project County Name

WASHINGTON

Project State

RI

Project Zip

02879-8272

CD

RI-02

Jobs Reported

9

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

9946.55

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

104803

Originating Lender

Peoples CU

Originating Lender City

MIDDLETOWN

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

9999.30

Forgiveness Date

09/28/2021

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