542 CAFE INC. (NY) - 2020 PPP Loan Borrower Profile (# 5568697302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 542 CAFE INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New York.

Loan Detail

Loan Number

5568697302

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$41,245

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$41,748.01

Date Loan was Forgiven

Jul 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,000

Payroll Proced

30,934

Mortgage Interest Proceed

Rent Proceed

7,311

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

NEW YORK, NY

Project Location

NEW YORK, NY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.