# PPP loan: THE LEOMINSTER RESTAURANT COMPANY INC.
> **$240K** approved 02/07/2021 · Paid in Full · Loan `4859188402`
## Borrower
- **Name:** THE LEOMINSTER RESTAURANT COMPANY INC.
- **Address:** 37 Mechanic St, Leominster, MA, 01453-5700
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $1
- **Jobs reported:** 97
## Lender
- **Originating:** Bay State Savings Bank
- **Servicing:** Bay State Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*