Jerrie's Cafe

$42,300 PPP Loan in Kermit, Texas

Loan Details

Loan Number
1051357206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$42,300
Current Approval
$42,300
Forgiveness Amount
$42,842
Forgiveness Date
Jul 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jerrie's Cafe
Address
354 W State Highway 302
City
Kermit
State
Texas
ZIP Code
79745-5105
Business Type
Sole Proprietorship
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-23

Loan Use Breakdown

Payroll
$33,840
Rent
$4,230
Utilities
$4,230

Lender Information

Servicing Lender
City Bank
Originating Lender
City Bank

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