# PPP loan: JAX CAFE INC.
> **$400K** approved 04/06/2020 · Paid in Full · Loan `6065997007`
## Borrower
- **Name:** JAX CAFE INC.
- **Address:** 1928 UNIVERSITY AVE NE, MINNEAPOLIS, MN, 55418-4338
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $410K
- **Forgiven:** $401K (100%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 68
## Lender
- **Originating:** Crown Bank
- **Servicing:** Crown Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*