# PPP loan: SATCHMO BLUES BAR AND GRILL INC
> **$161K** approved 02/20/2021 · Paid in Full · Loan `2465228508`
## Borrower
- **Name:** SATCHMO BLUES BAR AND GRILL INC
- **Address:** 60 Merrick Way, Coral Gables, FL, 33134-5319
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 06/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Centennial Bank
- **Servicing:** Centennial Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*