# PPP loan: WORTH AVENUE RESTAURANT INC.
> **$562K** approved 01/22/2021 · Paid in Full · Loan `3501528300`
## Borrower
- **Name:** WORTH AVENUE RESTAURANT INC.
- **Address:** 221 Worth Ave, Palm Beach, FL, 33480-6068
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $565K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $562K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Flagler Bank
- **Servicing:** Flagler Bank (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*