# PPP loan: LAUREL AVE CAFE CORP.
> **$317K** approved 04/14/2020 · Paid in Full · Loan `7172717102`
## Borrower
- **Name:** LAUREL AVE CAFE CORP.
- **Address:** 222 Water Street, Binghamton, NY, 13901
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $284K
- **Rent:** $18K
- **Utilities:** $9K
- **Health care:** $5K
- **Jobs reported:** 37
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*