# PPP loan: 257 RESTAURANT LLC
> **$385K** approved 05/01/2020 · Paid in Full · Loan `1048477707`
## Borrower
- **Name:** 257 RESTAURANT LLC
- **Address:** 101 BRADLEY PL STE 200, PALM BEACH, FL, 33480
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Rent:** $82K
- **Utilities:** $14K
- **Jobs reported:** 50
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*