Downtime Enterprises, Inc. DBA X2o Cafe Or Cafe X2o

$390,827 PPP Loan in La Verne, California

Loan Details

Loan Number
2403087207
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$390,827
Current Approval
$390,827
Forgiveness Amount
$394,455
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Downtime Enterprises, Inc. DBA X2o Cafe Or Cafe X2o
Address
2445 Foothill Blvd Ste a
ZIP Code
91750
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$11.7M
Rural/Urban
Urban
Congressional District
CA-31

Loan Use Breakdown

Payroll
$234,227
Rent
$120,000
Utilities
$30,000
Health Care
$4,500
Debt Interest
$2,100

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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