# PPP loan: KARIM RESTAURANT CORP
> **$271K** approved 04/29/2020 · Paid in Full · Loan `3203797306`
## Borrower
- **Name:** KARIM RESTAURANT CORP
- **Address:** 31 N Franklin Street, HEMPSTEAD, NY, 11550-3810
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Rent:** $46K
- **Utilities:** $13K
- **Health care:** $2K
- **Jobs reported:** 39
## 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*