# PPP loan: LENMAR RESTAURANT INC.
> **$558K** approved 02/07/2021 · Charged Off · Loan `5112038410`
## Borrower
- **Name:** LENMAR RESTAURANT INC.
- **Address:** 232 E 43rd St, New York, NY, 10017-4713
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $514K (92%)
- **Forgiveness date:** 01/25/2022
- **Status:** Charged Off
- **Term:** 24 months
## Use of funds
- **Payroll:** $558K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*