# PPP loan: AMERICAN BEECH RESTAURANT LLC
> **$334K** approved 04/07/2020 · Paid in Full · Loan `6802807008`
## Borrower
- **Name:** AMERICAN BEECH RESTAURANT LLC
- **Address:** 300 Main Street, GREENPORT, NY, 11944-1426
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Rent:** $67K
- **Jobs reported:** 10
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*