# PPP loan: CORTESE RESTAURANT, INC.
> **$281K** approved 04/15/2020 · Paid in Full · Loan `2017567200`
## Borrower
- **Name:** CORTESE RESTAURANT, INC.
- **Address:** 117 Robinson St., BINGHAMTON, NY, 13904
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Mortgage interest:** $35K
- **Utilities:** $35K
- **Jobs reported:** 70
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*