# PPP loan: THE COTTAGE CAFE INC.
> **$516K** approved 06/11/2020 · Paid in Full · Loan `2305717910`
## Borrower
- **Name:** THE COTTAGE CAFE INC.
- **Address:** 33034 Coastal Hwy, BETHANY BEACH, DE, 19930-3754
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $516K
- **Initial approval:** $516K
- **Forgiven:** $522K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $516K
- **Jobs reported:** 87
## Lender
- **Originating:** Calvin B. Taylor Banking Company
- **Servicing:** Calvin B. Taylor Banking Company (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*