# PPP loan: 22 EAST 54TH STREET RESTAURANT CORP
> **$677K** approved 04/16/2020 · Paid in Full · Loan `2415667201`
## Borrower
- **Name:** 22 EAST 54TH STREET RESTAURANT CORP
- **Address:** 77 Park Avenue 16A, NEW YORK, NY, 10016
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $677K
- **Initial approval:** $677K
- **Forgiven:** $120K (18%)
- **Forgiveness date:** 04/29/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $542K
- **Rent:** $135K
- **Jobs reported:** 75
## 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*