# PPP loan: RED ONION CAFE INC.
> **$155K** approved 01/20/2021 · Paid in Full · Loan `2399988307`
## Borrower
- **Name:** RED ONION CAFE INC.
- **Address:** 227 Hardin St, Boone, NC, 28607-4156
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $105K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 06/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $155K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Skyline National Bank
- **Servicing:** Skyline National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*