# PPP loan: 1629 2ND RESTAURANT LLC
> **$173K** approved 04/15/2020 · Charged Off · Loan `1884837202`
## Borrower
- **Name:** 1629 2ND RESTAURANT LLC
- **Address:** 1629 2ND AVE, NEW YORK, NY, 10028
- **NAICS:** 722410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $117K (68%)
- **Forgiveness date:** 07/29/2021
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $118K
- **Rent:** $38K
- **Utilities:** $13K
- **Debt interest:** $5K
- **Jobs reported:** 20
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*