# PPP loan: 976 MADISON RESTAURANT LLC
> **$696K** approved 04/29/2020 · Exemption 4 · Loan `2060287303`
## Borrower
- **Name:** 976 MADISON RESTAURANT LLC
- **Address:** 976 Madison Avenue, New York, NY, 10075
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $696K
- **Initial approval:** $696K
- **Forgiven:** $159K (23%)
- **Forgiveness date:** 12/29/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $696K
- **Jobs reported:** 67
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*