# PPP loan: 35TH & 7TH RESTAURANT MANAGEMENT LLC
> **$1.61M** approved 01/23/2021 · Exemption 4 · Loan `5024548301`
## Borrower
- **Name:** 35TH & 7TH RESTAURANT MANAGEMENT LLC
- **Address:** 218 W 35th St, New York, NY, 10001-2562
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $921K (57%)
- **Forgiveness date:** 06/03/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.61M
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*