# PPP loan: BROOKE AND STEVE RESTAURANTS INC.
> **$257K** approved 05/01/2020 · Paid in Full · Loan `1906247705`
## Borrower
- **Name:** BROOKE AND STEVE RESTAURANTS INC.
- **Address:** 135 DEER PARK AVE STE 2, BABYLON, NY, 11702
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Rent:** $19K
- **Utilities:** $7K
- **Jobs reported:** 48
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*