# PPP loan: JM RESTAURANT GROUP INC
> **$507K** approved 06/02/2020 · Charged Off · Loan `6857787807`
## Borrower
- **Name:** JM RESTAURANT GROUP INC
- **Address:** 8452 Melrose Avenue, West Hollywood, CA, 90069
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $380K
- **Rent:** $127K
- **Jobs reported:** 59
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*