# PPP loan: RAO'S BAR & GRILL INC
> **$259K** approved 08/04/2020 · Paid in Full · Loan `3257158206`
## Borrower
- **Name:** RAO'S BAR & GRILL INC
- **Address:** 455 East 114th Street, New York, NY, 10029
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 14
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*