# PPP loan: HOMESTEAD RESTAURANT OF MERRIMACK, INC.
> **$271K** approved 04/07/2020 · Paid in Full · Loan `7528267002`
## Borrower
- **Name:** HOMESTEAD RESTAURANT OF MERRIMACK, INC.
- **Address:** 641 DANIEL WEBSTER HWY, MERRIMACK, NH, 03054-2713
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $271K
- **Initial approval:** $234K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 60
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*