Pressed Cafe Newton, LLC

$294,500 PPP Loan in Newton, Massachusetts

Loan Details

Loan Number
7217847002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$294,500
Current Approval
$294,500
Forgiveness Amount
$297,300
Forgiveness Date
Mar 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pressed Cafe Newton, LLC
Address
300 Needham St
City
Newton
ZIP Code
02464-1367
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
New Business or 2 years or less
Jobs Reported
50
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$224,500
Rent
$60,000
Utilities
$10,000

Lender Information

Servicing Lender
The Lowell Five Cent Savings Bank
Originating Lender
The Lowell Five Cent Savings Bank

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