# PPP loan: OLD TOWN RESTAURANT LLC
> **$150K** approved 01/26/2021 · Paid in Full · Loan `6316008310`
## Borrower
- **Name:** OLD TOWN RESTAURANT LLC
- **Address:** 8408 W 3rd St, Los Angeles, CA, 90048-4112
- **NAICS:** 722511
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 05/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*