# PPP loan: SIPAN RESTAURANT OF NEW YORK INC.
> **$328K** approved 04/28/2020 · Paid in Full · Loan `1891837309`
## Borrower
- **Name:** SIPAN RESTAURANT OF NEW YORK INC.
- **Address:** 702 AMSTERDAM AVE, NEW YORK, NY, 10025
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $197K (60%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Jobs reported:** 94
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*