# PPP loan: 90 MILES CUBAN CAFE II INC.
> **$396K** approved 01/22/2021 · Exemption 4 · Loan `3979338301`
## Borrower
- **Name:** 90 MILES CUBAN CAFE II INC.
- **Address:** 2540 W Armitage Ave, Chicago, IL, 60647-4341
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $293K (74%)
- **Forgiveness date:** 05/26/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $396K
- **Utilities:** $1
- **Jobs reported:** 52
## Lender
- **Originating:** Lakeside Bank
- **Servicing:** Lakeside Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*