# PPP loan: CANALIS RESTAURANT
> **$268K** approved 02/02/2021 · Paid in Full · Loan `1761668402`
## Borrower
- **Name:** CANALIS RESTAURANT
- **Address:** 126 Mariaville Rd, Schenectady, NY, 12306-1429
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 21
## Lender
- **Originating:** First National Bank of Scotia
- **Servicing:** First National Bank of Scotia (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*