# PPP loan: BURRIS RESTAURANTS, INC.
> **$164K** approved 04/14/2020 · Paid in Full · Loan `6388407108`
## Borrower
- **Name:** BURRIS RESTAURANTS, INC.
- **Address:** P.O. BOX 388, Waterloo, IL, 62298
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Rent:** $27K
- **Utilities:** $10K
- **Debt interest:** $4K
- **Jobs reported:** 57
## Lender
- **Originating:** State Bank
- **Servicing:** State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*