# PPP loan: SMG NEWBURY RESTAURANT LLC
> **$193K** approved 04/06/2020 · Paid in Full · Loan `5691107001`
## Borrower
- **Name:** SMG NEWBURY RESTAURANT LLC
- **Address:** 237 Newbury Street, BOSTON, MA, 02116-2505
- **NAICS:** 722511
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $162K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 25
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*