# PPP loan: HOMESTEAD STEAKHOUSE INC
> **$153K** approved 04/27/2020 · Paid in Full · Loan `4570437201`
## Borrower
- **Name:** HOMESTEAD STEAKHOUSE INC
- **Address:** 205 Frank Timberlake Rd, Timberlake, NC, 27583-0083
- **NAICS:** 445299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Jobs reported:** 65
## Lender
- **Originating:** Carter Bank & Trust
- **Servicing:** Carter Bank & Trust (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*