# PPP loan: FRENCH ONION SOUP, LLC
> **$1.14M** approved 04/13/2020 · Exemption 4 · Loan `5172297108`
## Borrower
- **Name:** FRENCH ONION SOUP, LLC
- **Address:** 120 W 55th Street, NEW YORK, NY, 10019-5305
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $532K (47%)
- **Forgiveness date:** 09/16/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 116
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*