# PPP loan: 420 EAST 59TH REST. LLC
> **$185K** approved 04/06/2020 · Exemption 4 · Loan `6298757006`
## Borrower
- **Name:** 420 EAST 59TH REST. LLC
- **Address:** 420 59th Street, NEW YORK, NY, 10022-2396
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $166K (90%)
- **Forgiveness date:** 12/14/2021
- **Status:** Exemption 4
- **Term:** 49 months
## Use of funds
- **Payroll:** $185K
- **Jobs reported:** 28
## Lender
- **Originating:** Stone Bank
- **Servicing:** Stone Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*