# PPP loan: FERRARA BAKERY & CAFE INC.
> **$706K** approved 02/13/2021 · Paid in Full · Loan `8703788407`
## Borrower
- **Name:** FERRARA BAKERY & CAFE INC.
- **Address:** 195 Grand St, New York, NY, 10013-3717
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $706K
- **Initial approval:** $706K
- **Forgiven:** $716K (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $706K
- **Utilities:** $1
- **Jobs reported:** 66
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*