# PPP loan: OLYMPIA TEA ROOM, INC.
> **$528K** approved 05/29/2020 · Paid in Full · Loan `4992557801`
## Borrower
- **Name:** OLYMPIA TEA ROOM, INC.
- **Address:** 74 Bay Street P.O. Box 2385, WESTERLY, RI, 02891-5702
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $528K
- **Initial approval:** $132K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $528K
- **Jobs reported:** 49
## Lender
- **Originating:** Berkshire Bank
- **Servicing:** Berkshire Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*