# PPP loan: BANE RESTAURANT CORP.
> **$292K** approved 04/30/2020 · Paid in Full · Loan `5503687309`
## Borrower
- **Name:** BANE RESTAURANT CORP.
- **Address:** 325 Smithtown Bypass, Hauppauge, NY, 11788
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $292K
- **Jobs reported:** 48
## Lender
- **Originating:** Webster 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*