# PPP loan: SOUTH CENTRAL RESTAURANT LLC
> **$356K** approved 02/25/2021 · Charged Off · Loan `4287618502`
## Borrower
- **Name:** SOUTH CENTRAL RESTAURANT LLC
- **Address:** 151 Essex St, New York, NY, 10002-2323
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $118K (33%)
- **Forgiveness date:** 04/28/2022
- **Status:** Charged Off
- **Term:** 46 months
## Use of funds
- **Payroll:** $356K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Modern Bank, National Association
- **Servicing:** Modern Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*