# PPP loan: SC RESTAURANT MANAGEMENT LLC
> **$208K** approved 04/14/2020 · Paid in Full · Loan `7134897109`
## Borrower
- **Name:** SC RESTAURANT MANAGEMENT LLC
- **Address:** 3860 N LONG LAKE RD Units 5-6, TRAVERSE CITY, MI, 49684-7204
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $196K (94%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Mortgage interest:** $26K
- **Utilities:** $26K
- **Jobs reported:** 50
## Lender
- **Originating:** TBA CU
- **Servicing:** TBA CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*