# PPP loan: AMERICAN RESTAURANT, INC.
> **$226K** approved 04/15/2020 · Paid in Full · Loan `2205057208`
## Borrower
- **Name:** AMERICAN RESTAURANT, INC.
- **Address:** 727 IBERVILLE ST, NEW ORLEANS, LA, 70130-2323
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $219K (97%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Jobs reported:** 60
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*