# PPP loan: NEWTON CORNER RESTAURANT CONCEPTS LLC
> **$189K** approved 02/09/2021 · Exemption 4 · Loan `5705898405`
## Borrower
- **Name:** NEWTON CORNER RESTAURANT CONCEPTS LLC
- **Address:** 28 Gertrude St, Watertown, MA, 02472-1177
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $159K (84%)
- **Forgiveness date:** 12/01/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $189K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*