# PPP loan: OLD ANDOVER RESTAURANT I
> **$529K** approved 02/06/2021 · Paid in Full · Loan `4538138408`
## Borrower
- **Name:** OLD ANDOVER RESTAURANT I
- **Address:** 30 B St, Burlington, MA, 01803-3407
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $529K
- **Initial approval:** $529K
- **Forgiven:** $533K (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $529K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*