# PPP loan: NEW BEGINNINGS RESTAURANT GROUP, LLC
> **$1.86M** approved 04/07/2020 · Paid in Full · Loan `6821997003`
## Borrower
- **Name:** NEW BEGINNINGS RESTAURANT GROUP, LLC
- **Address:** 500 E State Hwy 114, SOUTHLAKE, TX, 76092
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.86M
- **Initial approval:** $1.86M
- **Forgiven:** $1.88M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Rent:** $186K
- **Utilities:** $279K
- **Jobs reported:** 500
## Lender
- **Originating:** Texas Partners Bank
- **Servicing:** Texas Partners Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*