# PPP loan: JAPOND RESTAURANT LLC
> **$1.20M** approved 04/29/2020 · Paid in Full · Loan `2480927301`
## Borrower
- **Name:** JAPOND RESTAURANT LLC
- **Address:** 6 Bond Street, New York, NY, 10012
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $838K (70%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Jobs reported:** 109
## Lender
- **Originating:** Modern Bank, National Association
- **Servicing:** Modern Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*