# PPP loan: SANTA BARBARA COFFEE & TEA INC.
> **$228K** approved 01/21/2021 · Paid in Full · Loan `2932648309`
## Borrower
- **Name:** SANTA BARBARA COFFEE & TEA INC.
- **Address:** 321 Motor Way, Santa Barbara, CA, 93101-3436
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 03/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** A10Capital, LLC
- **Servicing:** A10Capital, LLC (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*