# PPP loan: CAKE TIME 1950 LLC
> **$314K** approved 03/10/2021 · Paid in Full · Loan `8585108509`
## Borrower
- **Name:** CAKE TIME 1950 LLC
- **Address:** 22607 State Highway 249, Tomball, TX, 77375-8239
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $314K
- **Jobs reported:** 65
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*