# PPP loan: EASTSIDE RESTAURANT CORP.
> **$278K** approved 04/07/2020 · Paid in Full · Loan `7186547002`
## Borrower
- **Name:** EASTSIDE RESTAURANT CORP.
- **Address:** 47 LANDING ST, NEWPORT, VT, 05855-4431
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Rent:** $56K
- **Jobs reported:** 41
## Lender
- **Originating:** Passumpsic Savings Bank
- **Servicing:** Passumpsic Savings Bank (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*