# PPP loan: CAFFE IBIS LLC
> **$258K** approved 04/13/2020 · Paid in Full · Loan `4636717108`
## Borrower
- **Name:** CAFFE IBIS LLC
- **Address:** 52 FEDERAL AVENUE, LOGAN, UT, 84321-4641
- **NAICS:** 311920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Rent:** $16K
- **Utilities:** $10K
- **Jobs reported:** 17
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*