# PPP loan: CAKE BESSO LLC
> **$216K** approved 05/01/2020 · Charged Off · Loan `2765377709`
## Borrower
- **Name:** CAKE BESSO LLC
- **Address:** 8618 STERLING GATE CIR, SPRING, TX, 77379
- **NAICS:** 999990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $140K (65%)
- **Forgiveness date:** 01/14/2022
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $156K
- **Rent:** $45K
- **Utilities:** $14K
- **Jobs reported:** 310
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*