Picasso Cafe, Inc.
$877,724 PPP Loan in Ann Arbor, Michigan
Loan Details
- Loan Number
- 2542057710
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $877,724
- Current Approval
- $877,724
- Forgiveness Amount
- $887,855
- Forgiveness Date
- Jun 30, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Picasso Cafe, Inc.
- Address
- 24 Frank Lloyd Wright Dr
- City
- Ann Arbor
- State
- Michigan
- ZIP Code
- 48105
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 166
- Estimated Revenue
- $29.5M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $759,353
- Rent
- $77,070
- Utilities
- $6,109
- Health Care
- $35,192
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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|---|---|---|
| American Eagle Lifecare Corporation | $7,554,400 | |
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| Mckinley Companies, LLC | $5,626,000 | |
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