# PPP loan: SOUTH BEACH  RESTAURANT & BAR LLC
> **$174K** approved 04/29/2020 · Exemption 4 · Loan `2611207309`
## Borrower
- **Name:** SOUTH BEACH  RESTAURANT & BAR LLC
- **Address:** 1390 Saint Nicholas Ave, new york, NY, 10033
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $77K (44%)
- **Forgiveness date:** 11/12/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 60
## Lender
- **Originating:** Signature Bank
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*