The Velvet Cafe

$46,000 PPP Loan in Waynesboro, Pennsylvania

Loan Details

Loan Number
1464067200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$46,000
Current Approval
$46,000
Forgiveness Amount
$46,360
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Velvet Cafe
Address
145 West 3rd Street
ZIP Code
17268
Business Type
Sole Proprietorship
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
PA-13

Loan Use Breakdown

Payroll
$39,903
Rent
$1,150
Utilities
$4,600
Debt Interest
$347

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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