# PPP loan: UNIVERSAL COFFEE CORPORATION
> **$202K** approved 05/01/2020 · Paid in Full · Loan `5972087701`
## Borrower
- **Name:** UNIVERSAL COFFEE CORPORATION
- **Address:** 123 47th St, Brooklyn, NY, 11232
- **NAICS:** 424490
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*