# PPP loan: GROUNDS BAKERY CAFE
> **$161K** approved 02/02/2021 · Paid in Full · Loan `1887878401`
## Borrower
- **Name:** GROUNDS BAKERY CAFE
- **Address:** 6277 E Spring St, Long Beach, CA, 90808-4020
- **NAICS:** 722515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 30
## Lender
- **Originating:** TransPecos Banks, SSB.
- **Servicing:** TransPecos Banks, SSB. (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*