# PPP loan: 316 WEST 49 RESTAURANT CORP
> **$960K** approved 04/11/2020 · Exemption 4 · Loan `3350837109`
## Borrower
- **Name:** 316 WEST 49 RESTAURANT CORP
- **Address:** 316 W 49TH ST, NEW YORK, NY, 10019-7391
- **NAICS:** 711110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $960K
- **Initial approval:** $960K
- **Forgiven:** $812K (85%)
- **Forgiveness date:** 04/20/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $960K
- **Jobs reported:** 83
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*