Grandcakes, INC

$408,500 PPP Loan in Downey, California

Loan Details

Loan Number
1121457306
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$408,500
Current Approval
$408,500
Forgiveness Amount
$413,901
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grandcakes, INC
Address
7322 Rio Hondo Place
City
Downey
ZIP Code
90241
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Ihop
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$11.2M
Rural/Urban
Urban
Congressional District
CA-42

Loan Use Breakdown

Payroll
$408,500

Lender Information

Servicing Lender
Equity Bank
Originating Lender
Equity Bank

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