# PPP loan: RESTAURANT BOUCHARD INC.
> **$331K** approved 03/31/2021 · Paid in Full · Loan `3945278701`
## Borrower
- **Name:** RESTAURANT BOUCHARD INC.
- **Address:** 505 Thames St, Newport, RI, 02840-6723
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 08/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $331K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*