# PPP loan: GROUNDS BAKERY CAFE
> **$172K** approved 04/16/2020 · Paid in Full · Loan `2822447202`
## 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:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **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*