# PPP loan: DIVISION RESTAURANT GROUP
> **$198K** approved 05/01/2020 · Paid in Full · Loan `2959137705`
## Borrower
- **Name:** DIVISION RESTAURANT GROUP
- **Address:** 704 NORTH AVE, NEW ROCHELLE, NY, 10801
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $44K
- **Utilities:** $21K
- **Health care:** $3K
- **Jobs reported:** 420
## 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*