# PPP loan: PORT EDWARD RESTAURANT
> **$194K** approved 01/16/2021 · Paid in Full · Loan `1242538309`
## Borrower
- **Name:** PORT EDWARD RESTAURANT
- **Address:** 20 W Algonquin Rd, Algonquin, IL, 60102-2470
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 03/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** Advia Credit Union
- **Servicing:** Advia Credit Union (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*