# PPP loan: 1101-43 REST SUB LLC
> **$407K** approved 03/13/2021 · Charged Off · Loan `1590718605`
## Borrower
- **Name:** 1101-43 REST SUB LLC
- **Address:** 11-01 43rd Ave 12th Flood, Long Island City, NY, 11101
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $407K
- **Initial approval:** $407K
- **Forgiven:** $161K (39%)
- **Forgiveness date:** 06/16/2022
- **Status:** Charged Off
- **Term:** 21 months
## Use of funds
- **Payroll:** $407K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*