# PPP loan: CAFE NUOVO INC
> **$351K** approved 04/27/2020 · Paid in Full · Loan `5452197205`
## Borrower
- **Name:** CAFE NUOVO INC
- **Address:** 1 Citizens Plaza, PROVIDENCE, RI, 02903-1344
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $356K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Rent:** $50K
- **Utilities:** $21K
- **Jobs reported:** 43
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*