# PPP loan: GOLDEN STATE CAFE INC.
> **$420K** approved 02/11/2021 · Exemption 4 · Loan `7413938401`
## Borrower
- **Name:** GOLDEN STATE CAFE INC.
- **Address:** 3550 Mowry Ave Ste 301, Fremont, CA, 94538-1461
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $400K (95%)
- **Forgiveness date:** 01/11/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $420K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Fremont Bank
- **Servicing:** Fremont Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*