# PPP loan: LOCAL RESTAURANT OF WALTHAM LLC
> **$558K** approved 03/13/2021 · Paid in Full · Loan `1591238605`
## Borrower
- **Name:** LOCAL RESTAURANT OF WALTHAM LLC
- **Address:** 99 3rd Ave Ste 3, Waltham, MA, 02451-7573
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $565K (101%)
- **Forgiveness date:** 05/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $558K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Needham Bank
- **Servicing:** Needham Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*