# PPP loan: PALERMO ITALIAN RESTAURANT
> **$162K** approved 04/30/2020 · Paid in Full · Loan `7236347305`
## Borrower
- **Name:** PALERMO ITALIAN RESTAURANT
- **Address:** 1858 N Vermont Ave, Los Angeles, CA, 90027
- **NAICS:** 722511
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 03/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 24
## Lender
- **Originating:** Financial Partners CU
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*