# PPP loan: SOUTH RESTAURANT + COFFEEHOUSE, LLC
> **$691K** approved 04/10/2020 · Paid in Full · Loan `2586447101`
## Borrower
- **Name:** SOUTH RESTAURANT + COFFEEHOUSE, LLC
- **Address:** 340 G STREET, ANCHORAGE, AK, 99501-2125
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $691K
- **Initial approval:** $691K
- **Forgiven:** $697K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Rent:** $104K
- **Mortgage interest:** $39K
- **Utilities:** $48K
- **Jobs reported:** 61
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*