# PPP loan: OLAS LOUNGE & CAFE
> **$600K** approved 05/18/2021 · Charged Off · Loan `3002259010`
## Borrower
- **Name:** OLAS LOUNGE & CAFE
- **Address:** 2716 Cove View Ct, Dacula, GA, 30019-4714
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Status:** Charged Off
- **Term:** 42 months
## Use of funds
- **Payroll:** $600K
- **Jobs reported:** 26
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*